Shriram Trans Fin shares decline 3.46% as Sensex slides

Shriram Trans Fin shares decline 3.46% as Sensex slides
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A total of 172,113 shares changed hands on the counter till 01:32PM (IST)

Once equity investing is viewed as a viable alternative to savings in the form of assets like property, gold and bank deposits, we may witness a spread of liquidity to a broader set of stocks.
Shares of the Shriram Transport Finance Company Ltd. traded at Rs 1362.1 on BSE at 01:32PM (IST) on Friday, down 3.46 per cent from previous close.

The scrip quoted a 52-week low price of Rs 555.9 and a high of Rs 1534.9.

Earlier, the stock saw a gap up opening in the morning.

A total of 172,113 lakh shares changed hands on the counter till 01:32PM (IST).

The stock of Shriram Transport Finance Company Ltd. commands a market value of Rs 36532.1 crore.

The stock traded at a price-to-earning (P/E) multiple of 14.62, while the price-to-book value ratio stood at 1.66. Return on equity (ROE) was at 11.5 per cent, according to exchange data.

In the BSE500 pack, 67 stocks traded in the green, while 433 stocks were in the red.

Promotor Holding
Promoters held 26.48 per cent in the Shriram Transport Finance Company Ltd. as of 12-Jun-2021 while overseas and domestic institutional investors owned 61.01 per cent and 6.87 per cent, respectively.

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