SRF503806Chemicals
SRF stock recovered sharply from lows after management said on its earnings call it maintains confidence in hitting the upper end of its FY27 growth guidance despite margin pressure in chemicals
By ScoutQuest · · 1 min read
- Stock move yesterday
- down 6 percent
- FY27 growth guidance range
- 15 to 20 percent
- FY27 growth target reaffirmed
- 20 percent
Heard on business television between 12:13:20 - 12:16:20 IST.
- SRF reported numbers yesterday during closing bell which triggered a sharp fall, stock down 6%
- Stock saw a sharp recovery from lows today
- Company indicated on its ongoing conference call that it maintains the upper end of its growth guidance
- Margin pressure has come from the chemicals business
- Company had guided for 15-20% growth in FY27 and says it will meet the 20% growth target
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Also from SRF
Morgan Stanley maintained underweight on SRF after Q2 results showed margin pressure
23 Oct 2026
Jefferies maintained a hold rating on SRF citing chemical margin pressure from Q2 results
23 Oct 2026
Brokerages stayed cautious to negative on SRF after Q2 results missed estimates on chemical margin pressure and weak demand
23 Oct 2026
Source: Live TV News Channel · 22 Oct 2026
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