Shriram Transport Finance Company Ltd spurts 0.74%\, up for five straight sessions

Shriram Transport Finance Company Ltd spurts 0.74%, up for five straight sessions

Capital Market 

Shriram Transport Finance Company Ltd is quoting at Rs 1045.6, up 0.74% on the day as on 12:49 IST on the NSE. The stock is down 13.95% in last one year as compared to a 4.7% fall in NIFTY and a 8.58% fall in the Nifty Financial Services.

Shriram Transport Finance Company Ltd rose for a fifth straight session today. The stock is quoting at Rs 1045.6, up 0.74% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 10973.6. The Sensex is at 37079.12, down 0.07%. Shriram Transport Finance Company Ltd has added around 0.39% in last one month.

Meanwhile, Nifty Financial Services index of which Shriram Transport Finance Company Ltd is a constituent, has added around 0.93% in last one month and is currently quoting at 12422.25, down 0.23% on the day. The volume in the stock stood at 5.15 lakh shares today, compared to the daily average of 12.53 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1045.25, up 0.77% on the day. Shriram Transport Finance Company Ltd is down 13.95% in last one year as compared to a 4.7% fall in NIFTY and a 8.58% fall in the Nifty Financial Services index.

The PE of the stock is 8.98 based on TTM earnings ending June 19.

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First Published: Fri, September 13 2019. 13:00 IST