{"id":13821,"date":"2018-07-02T16:36:12","date_gmt":"2018-07-02T11:06:12","guid":{"rendered":"https:\/\/blog.fundsindia.com\/blog\/?p=13821"},"modified":"2018-07-02T16:36:12","modified_gmt":"2018-07-02T11:06:12","slug":"srf-ltd","status":"publish","type":"post","link":"https:\/\/www.fundsindia.com\/blog\/equities\/srf-ltd\/13821","title":{"rendered":"SRF Ltd"},"content":{"rendered":"<p>Established in 1970, SRF Ltd is engaged in the manufacturing of industrial and specialty intermediates. SRF\u2019s diversified business portfolio consists of Technical Textiles, Fluorochemicals, Specialty Chemicals, Packaging Films and Engineering Plastics.<\/p>\n<p><strong>Valuation:<\/strong> SRF\u2019s dominant position in the domestic refrigerant gas space, capacity expansion drive and robust growth outlook in the speciality chemicals business will drive 29% earnings CAGR over FY18-20E. Hence, we upgrade the stock to \u2018BUY\u2019 from \u2018HOLD\u2019 earlier with a revised TP of Rs. 2,128 based on 18x FY20E EPS.<\/p>\n<p><a href=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/Research-Report-SRF-Ltd.pdf\">Research-Report &#8211; SRF Ltd<\/a><\/p>\n<p><em>Investments in equity shares, debentures, etc., are not obligations of, or guaranteed by Wealth India Financial Services Pvt. Ltd., and are subject to investment risks.\u00a0<\/em><a href=\"http:\/\/pages.fundsindia.com\/pages\/disclaimer-equities\/\"><em>Click here<\/em><\/a><em>\u00a0to read our full disclaimer.<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Established in 1970, SRF Ltd is engaged in the manufacturing of industrial and specialty intermediates. SRF\u2019s diversified business portfolio consists of Technical Textiles, Fluorochemicals, Specialty Chemicals, Packaging Films and Engineering Plastics. Valuation: SRF\u2019s dominant position in the domestic refrigerant gas space, capacity expansion drive and robust growth outlook in the speciality chemicals business will drive [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[59],"tags":[560],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SRF Ltd<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fundsindia.com\/blog\/equities\/srf-ltd\/13821\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SRF Ltd\" \/>\n<meta property=\"og:description\" content=\"Established in 1970, SRF Ltd is engaged in the manufacturing of industrial and specialty intermediates. SRF\u2019s diversified business portfolio consists of Technical Textiles, Fluorochemicals, Specialty Chemicals, Packaging Films and Engineering Plastics. 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