Shriram Finance share price down 1.27 per cent
Shriram Finance Ltd. traded 1.27 per cent up at Rs 3233.0 at around 01:03PM (IST) on Wednesday. The stock had closed at Rs 3274.75 in the previous session. Equity benchmark Sensex traded 389.84 points lower at 82165.6 around the same time.
The scrip has climbed 69.2 per cent in the last one year till date, while the 30-share index has gained 24.78 per cent during the same period.
The stock's 52-week high price stood at Rs 3284.1 and the 52-week low price at Rs 1760.9.
Trading volume on the counter stood at 12,822 shares, while it quoted a price-to-earnings ratio of 15.81, an EPS value of 204.41 and a price-to-book value of 1.81. In the Nifty50 pack, 14 stocks traded in the green, while 36 stocks were in the red.
Promoter/FII Holding Promoters held 25.41 per cent stake in the company as of 30-Jun-2024, while overseas investor and MF ownership stood at 54.28 per cent and 10.18 per cent, respectively.
Key Financials For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 9609.71 crore, down 3.11 per cent from the previous quarter's Rs 9918.3 crore and down 15.88 per cent from the year-ago quarter's Rs 8292.53 crore. The company reported net profit of Rs 2022.8 crore for the latest quarter.
Technical Indicators The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is
