Share price of Shriram Trans Fin rises as Nifty strengthens

Share price of Shriram Trans Fin rises as Nifty strengthens
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 18,021 shares changed hands on the counter till 12:02PM (IST).

Getty Images
Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
Shares of Shriram Transport Finance Company Ltd. gained 2.15 per cent to Rs 1432.8 in Tuesday's trade as of 12:02PM (IST).

The stock hit a high price of Rs 1445.0 and low of Rs 1400.0 during the session.

The return on equity (ROE) for the stock stood at 11.5 per cent. Traded volume on the counter stood at 12:02PM shares and turnover at Rs 2.56 crore around that time.

The stock of Shriram Transport Finance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 1696.15 and Rs 917.95, 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 overseas investors held 53.67 per cent and domestic institutional investors had 14.82 per cent.

Key Financials
The company reported consolidated sales of Rs 4702.81 crore for the quarter ended 30-Sep-2021, up 1.1 per cent from previous quarter's Rs 4651.5 crore and up 8.08 per cent from the year-ago quarter's Rs 4351.26 crore.

Net profit after tax for the latest quarter stood at Rs 774.1 crore, up 12.36 per cent from the same quarter a year ago.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Understand Markets better with analysis
Powered by