Shriram Trans Fin Share Price: Share price of Shriram Trans Fin jumps as Sensex drops 89.63 points

The share price of Shriram Transport Finance Company Ltd. gained 1.51 per cent to Rs 1641.65 at 10:56AM (IST) in Monday’s trade. The stock has hit a high of Rs 1658.45 and low of Rs 1613.8 so far during the session. The stock had closed at Rs 1617.25 in the previous session.

The counter has had a total traded volume of 36280 shares so far with a value of Rs 5.94 crore on the NSE. It traded at a price-to-earnings multiple of 18.13 and a price-to-book ratio of 1.66.

A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 94.04 per cent during the past one year, while the 30-share index advanced 47.75 per cent during the same period.

Shriram Transport Finance Company Ltd. belongs to the NBFC – Vehicle Finance industry.


Promotor/FII Holding

Promoters held 25.58 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 53.67 per cent and 6.28 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 4702.81 crore for the quarter ended 30-Sep-2021, up 1.1 per cent from the previous quarter’s Rs 4651.5 crore and up 8.08 per cent from the year-ago quarter’s Rs 4351.26 crore.

Profit for the latest quarter stood at Rs 774.1 crore, up 12.36 per cent from the same quarter a year ago.

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