SRF CMP 3095, TARGET 3110-3140, SL 3074 (INTRA-DAY TRADE).

SRF CMP 3095, TARGET 3110-3140, SL 3074 (INTRA-DAY TRADE).
The stock was in a continuous up-trend with higher high formation. The stock broke opening high price of Rs.3095 showing the strength. Today, the stock price keeps a potential to hit previous rejection level of Rs.3141 registered on 18th June. The risk is below 3074 price level, hence a favorable risk to reward.
This Specialty chemical stock has rebounded in 2025 after years of underperformance, driven by strong HFC and specialty chemical demand, but faces risks from Chinese competition and global macro headwinds.
SRF has managed to stage a comeback in 2025 after 3 years of underperformance. The company has managed to turn around thanks to strong domestic performance.
Company’s revenue surged 20% from the previous year to Rs 4,313 crore and the top line increased by 23%.
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