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Monday, August 1, 2016

SRF Share Price Surges Ahead of Quarter Results

SRFSRF Limited is all set to declare its quarter result on 8th August 2016. SRF share price surged around 4% in anticipation of the results and made a new lifetime high. The company has also fixed a record date for declaring the interim dividend on 18thy August 2016. Expert Analysts have been advising to buy the shares of SRF, envisioning the 90% surge in the volume and around 4% rise in SRF share price.
Dynamic levels have identified the stock among top 500 performers for the quarter for its strong fundamentals. The Last lifetime high and the 52 weeks for SRF share price is Rs. 1,498.95 on 5thAugust 2015. The Average Daily Movement of the stock is 45.73 and its average volume for past 20 days is 190829. The stock yields 14.45% monthly returns and has the PE ratio of 19.84. The stock is trading near its closest resistance level of Rs. 1498.85 while the closest support Rs. 1429. It will be very interesting to watch the movement of SRF share Price till and after the declaration of results. For details on the stock, refer to the SRF share price history page of Dynamic Levels Website and check the Ladder on SRF share price forecast page for the resistance and support levels.

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