SRF share price slides over 4% to 4-month low after UBS downgrades rating to 'sell', cuts target price

UBS downgraded SRF's rating to 'sell' and reduced its price target to ₹2,100 due to challenges in the agrochemical and refrigerant gas sectors. The firm cites declining demand and increased competition from Chinese manufacturers as key factors impacting SRF's earnings and market position.