SRF Limited — Others, 30-01-2025: Rumour Verification - Regulation 30(11)
30-01-2025 | 08:30 pm
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.
No comments yet. Be the first to comment!
