Shriram Trans Fin shares decline 2.6% as Sensex slides

Shares of the Shriram Transport Finance Company Ltd. traded at Rs 1590.0 on BSE at 01:04PM (IST) on Thursday, down 2.6 per cent from previous close.

The scrip quoted a 52-week low price of Rs 849.25 and a high of Rs 1696.15.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 28,707 lakh shares changed hands on the counter till 01:04PM (IST).

The stock of Shriram Transport Finance Company Ltd. commands a market value of Rs 42938.18 crore.

The stock traded at a price-to-earning (P/E) multiple of 17.64, 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.

In the BSE500 pack, 51 stocks traded in the green, while 449 stocks were in the red.

Promotor Holding
Promoters held 25.58 per cent in the Shriram Transport Finance Company Ltd. as of 30-Sep-2021 while foreign and domestic institutional investors owned 53.67 per cent and 14.82 per cent, respectively.