SRF Ltd. Achieves New 52-Week High Amid Broader Market Optimism

Apr 22 2025 10:05 AM IST
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SRF Ltd. has achieved a new 52-week high, showcasing strong performance and consistent upward momentum. The stock has outperformed its sector and delivered notable returns over the past year. Meanwhile, the broader market also showed positive movement, with several indices reaching new highs, reflecting bullish sentiment.
SRF Ltd., a prominent player in the diversified industry, has made headlines today by reaching a new 52-week high of Rs. 3076.55. This milestone reflects the stock's strong performance, as it has outperformed its sector by 0.53% and has shown a consistent upward trend over the past three days, yielding a total return of 2.82% during this period.

In terms of technical indicators, SRF is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting robust momentum in its price action. Over the past year, SRF Ltd. has delivered a commendable return of 19.28%, significantly outpacing the Sensex, which has recorded a return of 8.12%.

The broader market also displayed positive movement today, with the Sensex opening higher at 79,728.39 and currently trading at 79,617.37, reflecting a gain of 0.26%. Notably, several indices, including S&P BSE Finance and NIFTY BANK, have also reached new 52-week highs, indicating a bullish sentiment across various sectors.
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