Shriram Finance shares gain 0.24% as Sensex rises

Shares of Shriram Finance Ltd. traded 0.24 per cent up at Rs 2923.7 at 12:12PM (IST) on Wednesday, even as BSE benchmark Sensex gained 207.08 points to 81662.48. The scrip had closed at Rs 2916.55 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 3058.95 and Rs 1759.2, respectively.

As per BSE data, total traded volume on the counter till 12:12PM (IST) stood at 12:12PM shares with turnover at Rs 3.4 crore.


At the prevailing price, shares of the company trades at 14.32 times its trailing 12-month EPS of Rs 204.41 per share and 1.81 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.69.

Shareholding Details
Promoters held 25.41 per cent stake in the company as of 30-Jun-2024, while FIIs owned 54.28 per cent and DIIs 15.24 per cent.