NIFTY 50

This pharma firm jumps 15% in just 1 month. Here's why

Updated : November 27, 2020 10:48:54 IST

Specialty chemical firm SRF has risen over 15 percent just this month and it is currently priced at Rs 5,076 which is above 20 day moving average, 50 day moving average and 100 day moving average.

So, what's aiding the gains?

The stock has been surging on the back of strong Q2 numbers and anti-dumping duty on import of refrigerants. The company expects growth of 25 percent in speciality chemicals business.

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