Fundamental Radar: SRF good bet in chemicals space as earnings bottom out
Wed, Apr 3, 2024 12:06 PM

Fundamental Radar: SRF good bet in chemicals space as earnings bottom out

A Flip by Avya Verma
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SRF is one of the leading multi-business chemicals conglomerates, engaged in the manufacturing of industrial and specialty intermediates. The chemicals business faced challenges in the last few quarters amid a seasonal dip in demand for refrigerants and inventory destocking in agrochemicals and order delays. This weighed on the overall earnings of the company, as operating profit slid 31%.

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