Shriram Trans Fin Share Price: Shriram Trans Fin rises 0.97% as Sensex climbs

Shares of Shriram Transport Finance Company Ltd. traded at Rs 1378.8 on BSE at 10:56AM (IST) on Thursday, up 0.97 per cent from previous close.

The stock quoted a 52-week low price of Rs 626.0 and a high of Rs 1534.9.

Earlier, the stock saw a gap up opening in the morning.

A total of 24,400 lakh shares changed hands on the counter till 10:56AM (IST).

The stock of Shriram Transport Finance Company Ltd. commanded a market value of Rs 37070.2 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 15.78, while the price-to-book value ratio stood at 1.66. Return on equity (ROE) was at 11.5 per cent, according to exchange data.

In the BSE500 pack, 342 stocks traded in the green, while 158 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.69.

Promotor/FII Holding

Promoters held 25.1 per cent in Shriram Transport Finance Company Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 57.47 per cent and 4.85 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1345.98 on October 14, while the 50-DMA was at 1323.58. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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