3/4/2024, 12:06:03 pm

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

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%.