Getty ImagesNEW DELHI: Shares of Shriram Finance Ltd. traded 0.12 per cent down in Thursday's trade at 11:17AM (IST). Around 4,381 shares changed hands on the counter.
The counter opened at Rs 1208.05 and touched an intraday high and low of Rs 1215.0 and Rs 1197.1, respectively, in the session so far. The stock of Shriram Finance Ltd. quoted a 52-week high of Rs 1509.25 and a 52-week low of Rs 1002.5.
Total market cap of the Shriram Finance Ltd. stood at Rs 45249.54 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7809.39 crore for the quarter ended 31-Dec-2022, up 45.93 per cent from previous quarter's Rs 5351.28 crore and up 61.61 per cent from the year-ago quarter's Rs 4832.33 crore.
The net profit for latest quarter stood at Rs 1798.88 crore, up 162.22 per cent from the same quarter a year ago.
As of 31-Dec-2022, domestic institutional investors held 5.67 per cent stake in the company, while foreign institutional investors held 42.9 per cent and the promoters 25.29 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 9.19 and a price-to-book ratio of 1.18. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Shriram Finance Ltd. belongs to the NBFC - Vehicle Finance industry.
The counter opened at Rs 1208.05 and touched an intraday high and low of Rs 1215.0 and Rs 1197.1, respectively, in the session so far. The stock of Shriram Finance Ltd. quoted a 52-week high of Rs 1509.25 and a 52-week low of Rs 1002.5.
Total market cap of the Shriram Finance Ltd. stood at Rs 45249.54 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7809.39 crore for the quarter ended 31-Dec-2022, up 45.93 per cent from previous quarter's Rs 5351.28 crore and up 61.61 per cent from the year-ago quarter's Rs 4832.33 crore.
The net profit for latest quarter stood at Rs 1798.88 crore, up 162.22 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2022, domestic institutional investors held 5.67 per cent stake in the company, while foreign institutional investors held 42.9 per cent and the promoters 25.29 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 9.19 and a price-to-book ratio of 1.18. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Shriram Finance Ltd. belongs to the NBFC - Vehicle Finance industry.
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