Getty ImagesThe scrip had closed at Rs 1229.2 in the previous session. The stock quoted a 52-week low of Rs 1047.7 and a high of Rs 1509.25. The company quoted a market-cap of Rs 46485.15 crore on the BSE.
On BSE, 4,446 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 9.44 times its trailing 12-month EPS of Rs 131.56 per share and 1.18 times its book value. The return on equity (ROE) stood at Rs 10.42.
Key Financials
For the quarter ended 31-Dec-2022, Shriram Finance Ltd. reported consolidated sales of Rs 7809.39 crore, up 61.61 per cent from the same quarter a year ago. The company reported 162.22 per cent YoY growth in net profit at Rs 1798.88 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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