Shriram Trans Fin Share Price: Share price of Shriram Trans Fin jumps as Sensex gains 201.83 points

Share price of . gained 2.79 per cent to Rs 1349.55 at 10:00AM (IST) in Tuesday’s trade. The stock hit a high of Rs 1355.0 and low of Rs 1298.7 so far during the session. The stock had closed at Rs 1312.95 in the previous session.

The counter had a total traded volume of 10:00AM shares so far with a turnover of Rs 1.29 crore on BSE. The stock traded at a price-to-earnings multiple of 10.34 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.

Smart Talk

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 Transport Finance Company 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 foreign investors and domestic institutional investors ownership stood at 49.97 per cent and 15.23 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 5149.26 crore for the quarter ended 30-Jun-2022, up 1.21 per cent from the previous quarter’s Rs 5087.59 crore and up 10.7 per cent from the year-ago quarter’s Rs 4651.5 crore.

Its profit for the latest quarter stood at Rs 966.52 crore, up 469.38 per cent from the same quarter a year ago.

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