Shares of Sree Rayalaseema Hi-Strength Hypo Ltd soared by 10.74% today, trading at ₹766, marking a significant increase of ₹74.30. The stock witnessed a high trading volume, signaling strong investor interest. The previous close stood at ₹691.70.
Company Overview:
Sree Rayalaseema Hi-Strength Hypo Limited is engaged in the manufacturing of industrial chemicals and power generation through wind, solar, and thermal sources. The company has four main segments: Chemicals, Real Estate, Trading, and Power Generation. Its key products include sulfuric acid, chlorosulfonic acid, chloramine, hydrochloric acid, and several others used in various industries. The company’s primary production units are based in Andhra Pradesh and Tamil Nadu.
Financial Performance:
- Market Cap: ₹1,187 Crores
- Opening Price: ₹692.00
- Current Price: ₹766.00
- Volume Traded: 2,62,887
- Revenue (12 months): ₹774 Crores
- Day Range: ₹681.80 – ₹770.00
- 52-Week High/Low: ₹779.00 / ₹441.00
Key Financial Ratios:
- P/E Ratio: 16.2
- P/B Ratio: 1.57
- ROE: 10.36%
- ROCE: 14.43%
- Dividend Yield: 0.4%
- Debt/Equity Ratio: Not specified
- Earnings Per Share (EPS): ₹46.85
Share Price History:
- Oct 3, 2024: Opened at ₹701.55, closed at ₹691.70 (-2.67%)
- Oct 1, 2024: Opened at ₹720.00, closed at ₹710.70 (-0.89%)
- Sep 30, 2024: Opened at ₹748.10, closed at ₹717.10 (-4.40%)
- Sep 27, 2024: Opened at ₹751.05, closed at ₹750.10 (-0.13%)
- Sep 26, 2024: Opened at ₹674.90, closed at ₹751.05 (+11.28%)
- Sep 25, 2024: Opened at ₹674.00, closed at ₹674.90 (+0.51%)
The stock has shown significant growth over the last few trading sessions, indicating positive market momentum.
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