Getty ImagesThe share price of Shriram Transport Finance Company Ltd. gained 4.21 per cent to Rs 1263.45 at 10:07AM (IST) in Wednesday's trade. The stock has hit a high of Rs 1273.3 and low of Rs 1220.8 so far during the session. The stock had closed at Rs 1212.4 in the previous session.
The counter has had a total traded volume of 32592 shares so far with a value of Rs 4.09 crore on the NSE. It traded at a price-to-earnings multiple of 14.28 and a price-to-book ratio of 1.66.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 14.59 per cent during the past one year, while the 30-share index advanced 12.65 per cent during the same period.
Shriram Transport Finance Company Ltd. belongs to the NBFC - Vehicle Finance industry.
Promotor/FII Holding
Promoters held 26.06 per cent stake in the company as of 31-Dec-2021, while FIIs and domestic institutional investors ownership stood at 53.15 per cent and 6.29 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 4832.33 crore for the quarter ended 31-Dec-2021, up 2.75 per cent from the previous quarter's Rs 4702.81 crore and up 8.76 per cent from the year-ago quarter's Rs 4443.12 crore.
Profit for the latest quarter stood at Rs 686.02 crore, down 6.53 per cent from the same quarter a year ago.
The counter has had a total traded volume of 32592 shares so far with a value of Rs 4.09 crore on the NSE. It traded at a price-to-earnings multiple of 14.28 and a price-to-book ratio of 1.66.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 14.59 per cent during the past one year, while the 30-share index advanced 12.65 per cent during the same period.
Shriram Transport Finance Company Ltd. belongs to the NBFC - Vehicle Finance industry.
Promotor/FII Holding
Promoters held 26.06 per cent stake in the company as of 31-Dec-2021, while FIIs and domestic institutional investors ownership stood at 53.15 per cent and 6.29 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 4832.33 crore for the quarter ended 31-Dec-2021, up 2.75 per cent from the previous quarter's Rs 4702.81 crore and up 8.76 per cent from the year-ago quarter's Rs 4443.12 crore.
Profit for the latest quarter stood at Rs 686.02 crore, down 6.53 per cent from the same quarter a year ago.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead 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.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by