Srf Stock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MRF reported a 7.6 percent decline in net profit to Rs 379.6 crore during the quarter ended March.

SRF's peers such as Gujarat Fluorochemicals shares are down 23%, Deepak Nitrite stock lost 1.05% and Tata Chemicals shares fell 10.45% in a year.

The Supreme Court of India has asked the Competition Commission of India (CCI) for a response regarding an appeal filed by MRF Ltd, one of the companies fined in a case related to alleged cartelisation and price manipulation in the tyre industry. The case, which began over a decade ago, saw the CCI impose penalties on several tyre companies in 2018. However, the National Company Law Appellate Tribunal overturned the order in December 2022 and directed the CCI to pass a fresh order, citing errors in calculation and the need to save the domestic tyre industry.

Multibagger Stock: Shares of SRF have delivered multibagger returns to its long-term investors. The stock has zoomed over 5,500% in the last 10 years. Brokerages have maintained their bullish stance on this company. Here's everything you should know.

The company’s business portfolio covers Fluorochemicals, Specialty Chemicals, Packaging Films, Technical Textiles and Coated and Laminated Fabrics.