Shriram Finance shares down 0.19% as Sensex falls
Shriram Finance Ltd. fell 0.19 per cent to Rs 3238.6 in Friday's session as of 11:16AM (IST) even as the equity benchmark Sensex traded 938.71 points lower at 81262.45.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 3294.45 and a 52-week low of Rs 1760.9 on NSE. Around 2005 shares changed hands on the counter till 11:16AM (IST).
The stock opened at Rs 3244.0 and has touched an intraday high and low of Rs 3261.25 and Rs 3220.0 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 15.89, earnings per share (EPS) of Rs 204.41 and price to book value (PB) of 1.81, while the return on equity (ROE) stood at Rs 15.04.
Promoter/ FII Holding
The promoters held 25.41 per cent stake in the company as of September 06, while FII and MF ownerships stood at 54.28 per cent and 10.18 per cent, respectively.
Key Financials With a market capitalisation of Rs 122092.33 crore, the company operates in the NBFC — Diversified industry. 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 same quarter a year ago. The company reported net profit of Rs 2022.8 crore for the latest quarter, up 18.62 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 64.92. The RSI oscillates between zero and 100. Traditionally, it is considered
