Share price of Shriram Trans Fin rises as Nifty strengthens

Shares of Shriram Transport Finance Company Ltd. gained 3.2 per cent to Rs 1539.25 in Friday's trade as of 10:25AM (IST).

The stock hit a high price of Rs 1539.6 and low of Rs 1484.6 during the session.

The return on equity (ROE) for the stock stood at 11.5 per cent. Traded volume on the counter stood at 10:25AM shares and turnover at Rs 13.27 crore around that time.

The stock of Shriram Transport Finance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 1539.9 and Rs 645.5, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.69.

Promotor/FII Holding
Promoters held 25.58 per cent stake in the company as of 30-Sep-2021, while FIIs held 53.67 per cent and domestic institutional investors had 14.82 per cent.

Key Financials
The company reported consolidated sales of Rs 4651.5 crore for the quarter ended 30-Jun-2021, up 3.42 per cent from previous quarter's Rs 4497.87 crore and up 12.23 per cent from the year-ago quarter's Rs 4144.7 crore.

Net profit after tax for the latest quarter stood at Rs 169.75 crore, down 46.83 per cent from the same quarter a year ago.