SRS is currently trading at its upper circuit limit of Rs. 5.90, up by 0.28 points or 4.98% from its previous closing of Rs. 5.62 on the BSE.
The scrip opened at Rs. 5.84 and has touched a high and low of Rs. 5.90 and Rs. 5.80 respectively. So far 425598 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 17.20 on 12-Apr-2016 and a 52 week low of Rs. 3.88 on 23-Dec-2016.
Last one week high and low of the scrip stood at Rs. 5.90 and Rs. 5.32 respectively. The current market cap of the company is Rs. 164.36 crore.
The promoters holding in the company stood at 58.35%, while institutions and non-institutions held 5.51% and 36.14% respectively.
SRS has sold its entire stake in Sharjah-based wholly owned subsidiary SRS Worldwide (FZC) to Vihaan Impex DMCC. It, however, did not disclose the financial details. The subsidiary has contributed Rs 385 crore, or 9.35 per cent to its consolidated turnover for 2015-16. SRS Worldwide’s net worth was Rs 28.02 crore, or 4.18 per cent of its consolidated net worth in 2015-16.
SRS Group, which has diversified interests in sectors including jewellery, commodities, retail, hospitality, financial services, real estate, education and healthcare, has seen a major slump in its core business.