Share price of Shriram Trans Fin falls as Sensex gains 224.09 points

Share price of Shriram Finance Ltd. dropped 0.02 per cent to Rs 1379.55 at 11:58AM (IST) in Monday's trade. The counter hit a high of Rs 1387.35 and low of Rs 1361.6 so far during the session. The stock had closed at Rs 1379.8 in the previous session.

The counter had a total traded volume of 11:58AM shares so far with a turnover of Rs 1.6 crore on BSE. The stock traded at a price-to-earnings multiple of 13.56 and a price-to-book ratio of 1.18.

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 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.

Promotor/FII Holding
Promoters held 29.3 per cent stake in the company as of 30-Jun-2022, while FIIs and domestic institutional investors ownership stood at 49.97 per cent and 15.23 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 5351.28 crore for the quarter ended 30-Sep-2022, up 3.92 per cent from the previous quarter's Rs 5149.26 crore and up 13.79 per cent from the year-ago quarter's Rs 4702.81 crore.

Its profit for the latest quarter stood at Rs 1069.52 crore, up 38.16 per cent from the same quarter a year ago.