Shriram Trans Fin Share Price: Shriram Trans Fin declines 4.2% as Sensex slides

Shares of Shriram Transport Finance Company Ltd. traded at Rs 1286.3 on BSE at 02:09PM (IST) on Monday, down 4.2 per cent from previous close.

The stock quoted a 52-week low price of Rs 514.52 and a high of Rs 1534.9.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 116,486 lakh shares changed hands on the counter till 02:09PM (IST).

The stock of Shriram Transport Finance Company Ltd. commanded a market value of Rs 33978.57 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 13.6, while the price-to-book value ratio stood at 0.83. Return on equity (ROE) was at 13.84 per cent, according to exchange data.

In the BSE500 pack, 277 stocks traded in the green, while 223 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 26.48 per cent in Shriram Transport Finance Company Ltd. as of 31-Mar-2021 while overseas and domestic institutional investors owned 61.01 per cent and 2.03 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1002.67 on May 03, while the 50-DMA was at 1372.17. 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.

Source Link