Getty ImagesShares of Shriram Transport Finance Company Ltd. gained 1.12 per cent to Rs 1420.4 in Thursday's session as of 12:00PM (IST) even as the equity benchmark Sensex traded 18.89 points higher at 49752.73.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 1534.9 and a 52-week low of Rs 514.52 on NSE. Around 77124 shares changed hands on the counter till 12:00PM (IST).
The stock opened at Rs 1415.0 and has touched an intraday high and low of Rs 1434.0 and Rs 1390.15 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 18.28, earnings per share (EPS) of Rs 77.71 and price to book value (PB) of 0.83, while the return on equity (ROE) stood at Rs 13.84.
Promoter/ FII Holding
The promoters held 52.96 per cent stake in the company as of April 29, while FII and MF ownerships stood at 122.02 per cent and 4.06 per cent, respectively.
Key Financials
With a market capitalisation of Rs 35946.12 crore, the company operates in the NBFC - Vehicle Finance industry. For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 4443.12 crore, up 2.11 per cent from the previous quarter?s Rs 4351.26 crore and up 3.61 per cent from the same quarter a year ago. The company reported net profit of Rs 733.97 crore for the latest quarter, down 16.8 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 54.63. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 1534.9 and a 52-week low of Rs 514.52 on NSE. Around 77124 shares changed hands on the counter till 12:00PM (IST).
The stock opened at Rs 1415.0 and has touched an intraday high and low of Rs 1434.0 and Rs 1390.15 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 18.28, earnings per share (EPS) of Rs 77.71 and price to book value (PB) of 0.83, while the return on equity (ROE) stood at Rs 13.84.
Promoter/ FII Holding
The promoters held 52.96 per cent stake in the company as of April 29, while FII and MF ownerships stood at 122.02 per cent and 4.06 per cent, respectively.
Key Financials
With a market capitalisation of Rs 35946.12 crore, the company operates in the NBFC - Vehicle Finance industry. For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 4443.12 crore, up 2.11 per cent from the previous quarter?s Rs 4351.26 crore and up 3.61 per cent from the same quarter a year ago. The company reported net profit of Rs 733.97 crore for the latest quarter, down 16.8 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 54.63. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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