The counter had a total traded volume of 02:09PM shares so far with a turnover of Rs 18.69 crore on BSE. The stock traded at a price-to-earnings multiple of 11.17 and a price-to-book ratio of 1.66.
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 Transport Finance Company Ltd. belongs to the NBFC – Vehicle Finance industry.
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 14.0 per cent, respectively.
The company reported consolidated net 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.
Its profit for the latest quarter stood at Rs 1091.23 crore, up 44.21 per cent from the same quarter a year ago.