The counter had a total traded volume of 10:20AM shares so far with a turnover of Rs 2.53 crore on BSE. The stock traded at a price-to-earnings multiple of 14.8 and a price-to-book ratio of 1.66.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 26.48 per cent stake in the company as of 12-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 61.01 per cent and 6.87 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 4497.87 crore for the quarter ended 31-Mar-2021, up 1.23 per cent from the previous quarter’s Rs 4443.12 crore and up 7.78 per cent from the year-ago quarter’s Rs 4173.04 crore.
Its profit for the latest quarter stood at Rs 756.7 crore, up 237.29 per cent from the same quarter a year ago.
