Share price of Shriram Trans Fin jumps as Sensex gains 124.27 points

The share price of Shriram Transport Finance Company Ltd. gained 0.4 per cent to Rs 1144.4 at 12:38PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 1146.2 and low of Rs 1131.05 so far during the session. The stock had closed at Rs 1139.85 in the previous session.

The counter has had a total traded volume of 6535 shares so far with a value of Rs 0.75 crore on the NSE. It traded at a price-to-earnings multiple of 11.59 and a price-to-book ratio of 1.18.

A higher price-to-earnings 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 21.1 per cent during the past one year, while the 30-share index advanced 0.65 per cent during the same period.

Shriram Transport Finance Company Ltd. belongs to the NBFC - Vehicle Finance industry.

Promotor/FII Holding
Promoters held 26.45 per cent stake in the company as of 31-Mar-2022, while foreign investors and domestic institutional investors ownership stood at 53.88 per cent and 5.3 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 5087.59 crore for the quarter ended 31-Mar-2022, up 5.28 per cent from the previous quarter's Rs 4832.33 crore and up 13.11 per cent from the year-ago quarter's Rs 4497.87 crore.

Profit for the latest quarter stood at Rs 1091.23 crore, up 44.21 per cent from the same quarter a year ago.