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Shriram Transport Finance Company Ltd rises for third consecutive session

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Capital Market

Shriram Transport Finance Company Ltd is quoting at Rs 712.9, up 4.23% on the day as on 12:54 IST on the NSE. The stock is down 36.29% in last one year as compared to a 10.76% drop in NIFTY and a 18.68% drop in the Nifty Financial Services index.

Shriram Transport Finance Company Ltd gained for a third straight session today. The stock is quoting at Rs 712.9, up 4.23% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 10527. The Sensex is at 35644.02, up 0.6%. Shriram Transport Finance Company Ltd has risen around 32.51% in last one month.

 

Meanwhile, Nifty Financial Services index of which Shriram Transport Finance Company Ltd is a constituent, has risen around 25.82% in last one month and is currently quoting at 10881.4, up 0.29% on the day. The volume in the stock stood at 60.88 lakh shares today, compared to the daily average of 80.19 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 712.75, up 3.95% on the day. Shriram Transport Finance Company Ltd is down 36.29% in last one year as compared to a 10.76% drop in NIFTY and a 18.68% drop in the Nifty Financial Services index.

The PE of the stock is 6.2 based on TTM earnings ending March 20.

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First Published: Jun 24 2020 | 1:05 PM IST

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