Shares of non-bank lender Shriram Transport Finance Co Limited fall as much as 3.5 per cent to Rs 991, their lowest since October, 19 2018
The company posted a 22.4 per cent fall in the March-quarter profit to Rs 746 crore.
About 1.4 million shares change hands by 0455 GMT, compared with the 30-day average of around 1.1 million shares.
The company’s stocks went down 17.15 per cent this year, while peers Mahindra And Mahindra Financial Services fell 20 per cent and Bajaj Finance rose 10.4 per cent as of last close.