SRF hits four-month low; stock falls 25% post Q4 results

The stock dipped 5% to Rs 1,690 on the BSE, trading at its lowest level since February 6, 2018. Shares of SRF hit a four month low of Rs 1,690, down 5% on the BSE, falling 11% thus far in the current week. The stock of textiles Company was trading at its lowest level since February 6, 2018. Post January-March quarter (Q4FY18) results, SRF has fallen 25% from Rs 2,258 on May 16, as compared to a marginal 0.12% rise in the S&P BSE Sensex.

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