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SRF Shares Extend Decline to Fifth Session After Quarterly Margin Concerns

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SRF Shares Extend Decline to Fifth Session After Quarterly Margin Concerns

SRF shares extended their decline for a fifth consecutive session on Thursday, falling around 5% and touching a 52-week low, according to market reports.

The selling came despite the company reporting a 31% year-on-year increase in consolidated net profit to ₹509.12 crore for the quarter ended September. Investors may also be weighing operating margins and the outlook for the business.

What investors are watching

Quarterly results are assessed through revenue growth, margins, cash generation and management guidance. Investors should review official filings and their own risk profile before making decisions.

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