The counter opened at Rs 1325.05 and touched an intraday high and low of Rs 1350.0 and Rs 1325.05, respectively, in the session so far. The stock of Shriram Transport Finance Company Ltd. quoted a 52-week high of Rs 1534.9 and a 52-week low of Rs 514.52.
As per BSE, the total market cap of the Shriram Transport Finance Company Ltd. stood at Rs 34073.47 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 4443.12 crore for the quarter ended 31-Dec-2020, up 2.11 per cent from previous quarter’s Rs 4351.26 crore and up 3.61 per cent from the year-ago quarter’s Rs 4288.2 crore.
The net profit for latest quarter stood at Rs 733.97 crore, down 16.8 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, DIIs held 2.03 per cent stake in the firm, while foreign institutional investors held 61.01 per cent and the promoters 26.48 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 17.33 and a price-to-book ratio of 0.83. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Shriram Transport Finance Company Ltd. belongs to the NBFC – Vehicle Finance industry.
