The counter opened at Rs 1290.4 and touched an intraday high and low of Rs 1304.45 and Rs 1284.85, respectively, in the session so far. Shares of the company of Shriram Transport Finance Company Ltd. quoted a 52-week high of Rs 1534.9 and a 52-week low of Rs 555.9.
Total market cap of the Shriram Transport Finance Company Ltd. stood at Rs 34429.1 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 4651.5 crore for the quarter ended 30-Jun-2021, up 3.42 per cent from previous quarter’s Rs 4497.87 crore and up 12.23 per cent from the year-ago quarter’s Rs 4144.7 crore.
The net profit for latest quarter stood at Rs 169.75 crore, down 46.83 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 4.85 per cent stake in the firm, while foreign institutional investors held 57.47 per cent and the promoters 25.1 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 14.65 and a price-to-book ratio of 1.66. 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.
