ReutersShares of Shriram Transport Finance Company Ltd. gained 0.6 per cent to Rs 1179.45 in Friday's trade as of 12:37PM (IST). It hit a high of Rs 1192.75 and low of Rs 1167.3 during the session.
The stock quoted a 52-week high price of Rs 1696.15 and a low of Rs 1002.5. The return on equity for the stock stood at 11.5 per cent. About 13,588 shares have changed hands on the counter so far.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.69.
The scrip has been an underperformer, down 21.08 per cent in the past one year in comparison with a 20.62 per cent gain in Sensex.
Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 1002.5 on April 08, while the 50-DMA was at Rs 1161.41. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
Promoter/FII Holding
Promoters held 26.06 per cent stake in Shriram Transport Finance Company Ltd. as of 31-Dec-2021. Mutual funds and foreign institutional investors held 6.29 per cent and 53.15 per cent stake.
The stock quoted a 52-week high price of Rs 1696.15 and a low of Rs 1002.5. The return on equity for the stock stood at 11.5 per cent. About 13,588 shares have changed hands on the counter so far.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.69.
The scrip has been an underperformer, down 21.08 per cent in the past one year in comparison with a 20.62 per cent gain in Sensex.
Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 1002.5 on April 08, while the 50-DMA was at Rs 1161.41. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
Promoter/FII Holding
Promoters held 26.06 per cent stake in Shriram Transport Finance Company Ltd. as of 31-Dec-2021. Mutual funds and foreign institutional investors held 6.29 per cent and 53.15 per cent stake.
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