SRF

SRF Limited announced the second interim dividend on 30th January 2023 at 3.6 per share. The ex-dividend date is 7th February 2023.

Some of the most recent SRF share news are as follows –

• The company will be holding its Board Meeting on 9th May 2023.
• At the Board Meeting on 30th January 2023, the company declared a second interim dividend of 3.6 per equity share.
• The company approved a project worth 110 crores in the same Board Meeting. The project includes establishing a dedicated facility at Dahej, Gujarat, to produce 300 Metric Tonnes of SS20.
• On 9th May 2023, when the company was conducting its Board Meeting, the shares climbed 1.82% as of 10:05 AM. However, on 5th May 2023, the company’s shares fell by 0.93% and stood at 2527.7. Over the day, the stock recorded a high of 2557.75 and a low of 2523.

Over the years, SRF stock has turned multi-bagger, offering exponential returns to investors. Long-term shareholders have been rewarded with consistent dividend payouts and bonus shares declared in 2021. The bonus issue has been particularly rewarding for investors as it has multiplied their returns.

Over the last three years, SRF shares have given a revenue growth of 17.06%, showing the company’s steady performance. Moreover, over the last 5 years, the company has maintained an operating margin of 20.85%.