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The stock rose from Rs 160.50 recorded on 21st March 2023 to Rs 229 as on 21st July 2023 which translates into an upside of 43%.

​So I would still say do not look at value. Look at highest performing industrial groups what they have done, continue to back with them. Do not worry about it that they have gone up so much because they will go up a lot more. India expands.

On the technical charts, the RSI of the stock stood at 50.85.

Technically, the day RSI (14) is at 81.2. The RSI below 30 is considered oversold and above 70 is overbought, Trendlyne data showed. MACD is at 2.6, which is above its center and signal Line, this is a bullish indicator.

SRF Ltd., incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 63563.86 Crore) operating in Diversified sector.

The stock quoted a 52-week high price of Rs 517.5 and a 52-week low of Rs 336.55.

The Nifty Auto index was trading 1.03 per cent up at 15778.75.

A total of 76,363 shares changed hands on the counter till 11:26AM (IST).

Promoters held 52.55 per cent stake in the company as of 30-Jun-2023, while FIIs owned 12.99 per cent, DIIs 22.31 per cent.

As per its latest annual report, the company operates 270 retail stores, including 98 departmental stores, 132 speciality beauty stores of MAC, Est e Lauder, Bobbi Brown, Clinique, Jo Malone, Too Faced, SS Beauty, and 23 Airport doors.