SRF supported by the Chemicals business amid crisis

There was a 73 percent rise seen in the shares of SRF Ltd last year due to the maintenance of earnings momentum by the firm, despite an important business segment experiencing a slowdown. The division of the technical textiles saw a 19% drop during the current fiscal year’s first half. The drop was mainly caused by the slowdown of the auto sector as they cut the production of tires.

There was a 2.8 percent rise in the revenues ....