Why SRF Is Trading Weak? | ET Now | Latest News | English News | Business News
SRF Ltd., share prices declined as much as 7% since the US president mentioned rolling back tariffs on China to fight inflation. This has led the market to fear that any removal or reduction in anti-dumping duty on HFC (hydrofluorocarbon) could negatively impact the prices and margins of SRF.
However, the management has a different view. Speaking to VT Capital on call, the management said that overall there is no substantial impact from the potential removal of US sanctions.
Watch the video to know more.
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