The stock opened at Rs 1430.0 and touched an intraday high and low of Rs 1469.55 and Rs 1430.0, 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 36834.37 crore at the time of writing this report.
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 previous quarter’s Rs 4443.12 crore and up 7.78 per cent from the year-ago quarter’s Rs 4173.04 crore.
The net profit for latest quarter stood at Rs 756.7 crore, up 237.29 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors 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 14.74 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.
