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SRF LimitedOthers, 30-01-2025: Rumour Verification - Regulation 30(11)

30-01-2025 | 08:30 pm

SRF Limited has disclosed a significant price movement in its shares,following a news article from CNBC TV18 linking the surge to an anticipated increase in refrigerant gas prices, specifically R-22, by Gujarat Fluorochemicals. However, SRF clarified that R-22 represents a minor portion of its revenue, indicating that the recent price change is unlikely to be directly linked to this speculation. This update may evoke a neutral impact for investors, as while the price volatility could present risks, the company's limited exposure to R-22 diminishes potential concerns regarding its financial health.

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