ETMarkets.comShares of Shriram Transport Finance Company Ltd. fell 1.95 per cent to Rs 1461.1 at 01:23PM hours (IST) on Friday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 58,740 shares with a turnover of Rs 8.64 crore till 01:23PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 16.77, 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 1499.05 and a low of Rs 1427.6 during the session and quoted a 52-week high price of Rs 1587.85 and a 52-week low of Rs 669.85.
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 1365.47 on October 29, while the 50-DMA was at Rs 1359.25. 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 58.35. 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 30-Sep-2021, promoters held 25.58 per cent stake in the company, while FIIs held 53.67 per cent and domestic institutional investors had 14.82 per cent.
As per data available on BSE, total traded quantity on the counter stood at 58,740 shares with a turnover of Rs 8.64 crore till 01:23PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 16.77, 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 1499.05 and a low of Rs 1427.6 during the session and quoted a 52-week high price of Rs 1587.85 and a 52-week low of Rs 669.85.
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 1365.47 on October 29, while the 50-DMA was at Rs 1359.25. 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 58.35. 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 30-Sep-2021, promoters held 25.58 per cent stake in the company, while FIIs held 53.67 per cent and domestic institutional investors had 14.82 per cent.
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