SRF Share Price Below 1882 Stop Loss Paid Target Paid Tips By Neal Bhai MFA Technical Analyst
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
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SRF Limited is a manufacturing company located in Gurgaon, India. The company has manufacturing plants in India, South Africa and Thailand.
History
The company was established in 1970, as Shri Ram Fibres Limited, by DCM Limited as a wholly owned subsidiary. Its initial focus was on the manufacture of nylon cord fibers for tires. Its first manufacturing plant was set up in Manali, near Chennai, in 1973.[3] Over the years, the company diversified its product offerings into technical textiles, engineering plastics, chemicals and packaging films. In 1990, it changed its name to SRF Limited.
In 1986, the company set up a joint venture with Denso, SRF Nippondenso, for the manufacture of automotive components. This was later spun off as a separate company in 1993. Another subsidiary, SRF Finance, started in 1986, was sold to GE Capital in 1997. SRF also had a health-care division which manufactured plastic optical lenses, which was spun off as a separate company in 1997.
SRF Limited was listed in the 2011 Asia’s Best under a Billion list by Forbes magazine. (Neal Bhai Reports)
