Monday, September 27, 2021
HomeBanking and financeShriram Trans Fin shares down 0.1% as Nifty gains

Shriram Trans Fin shares down 0.1% as Nifty gains


Shares of Shriram Transport Finance Firm Ltd. rose 0.1 per cent to Rs 1253.55 in Monday’s commerce. It hit an intraday excessive of Rs 1262.45 and low of Rs 1216.25, respectively, throughout the day.

The inventory quoted a 52-week excessive value of Rs 1534.9 and low of Rs 555.9.

As of 01:27PM (IST), the counter noticed complete traded quantity of 44,055 shares with a traded worth of Rs 5.47 crore, in keeping with NSE.

The inventory had closed at Rs 1254.8 within the earlier session.

The scrip has declined -9.51 per cent previously one month until date, whereas the benchmark BSE Sensex has gained 4.59 per cent throughout the identical interval.

In line with alternate knowledge, the inventory traded at a price-to-earnings (P/E) a number of of 14.28 whereas price-to-book ratio stood at 1.66. A better P/E ratio reveals that buyers are keen to pay a better value for per rupee earnings given by the inventory due to higher future progress expectations. The worth-to-book worth signifies the inherent worth of an organization and it displays the value buyers are able to pay even for no progress in a enterprise.

The inventory belongs to the NBFC – Automobile Finance trade.

Promoter/FII Holding
Promoters held 25.1 per cent stake within the firm as of 30-Jun-2021, whereas FII and MF possession within the agency stood at 57.47 per cent and 4.85 per cent, respectively.

Key Financials
The corporate reported consolidated gross sales of Rs 4651.5 crore for the quarter ended 30-Jun-2021, up 3.42 per cent from the earlier quarter’s Rs 4497.87 crore and up 12.23 per cent from the year-ago quarter’s Rs 4144.7 crore. Its internet revenue for the newest quarter stood at Rs 169.75 crore, down 46.83 per cent from the identical quarter a 12 months in the past.

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