
Shares of Shriram Transport Finance Company Ltd. rose 0.49 per cent to Rs 1463.6 at 01:01PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 109,600 shares with a turnover of Rs 15.96 crore till 01:01PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 15.64, 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. The stock hit an intraday high of Rs 1466.0 and a low of Rs 1452.0 during the session and quoted a 52-week high price of Rs 1534.9 and a 52-week low of Rs 555.9.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.69.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1179.77 on July 12, while the 50-DMA was at Rs 1401.08. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 62.23. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 12-Jun-2021, promoters held 26.48 per cent stake in the company, while overseas investors held 61.01 per cent and domestic institutional investors had 6.87 per cent.
As per data available on BSE, total traded quantity on the counter stood at 109,600 shares with a turnover of Rs 15.96 crore till 01:01PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 15.64, 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. The stock hit an intraday high of Rs 1466.0 and a low of Rs 1452.0 during the session and quoted a 52-week high price of Rs 1534.9 and a 52-week low of Rs 555.9.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.69.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1179.77 on July 12, while the 50-DMA was at Rs 1401.08. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 62.23. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 12-Jun-2021, promoters held 26.48 per cent stake in the company, while overseas investors held 61.01 per cent and domestic institutional investors had 6.87 per cent.
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