Shriram Finance shares down 0.99% as Sensex falls

economictimes.indiatimes.com:

Shriram Finance Ltd. fell 0.99 per cent to Rs 2057.75 in Monday's session as of 12:59PM (IST) even as the equity benchmark Sensex traded 89.47 points lower at 71394.28.
Earlier in the day, the stock witnessed a gap down start to the session.

The stock quoted a 52-week high price of Rs 2129.55 and a 52-week low of Rs 1190.0 on NSE. Around 14192 shares changed hands on the counter till 12:59PM (IST).
The stock opened at Rs 2075.05 and has touched an intraday high and low of Rs 2078.4 and Rs 2050.75 during the session so far.

The stock quoted a price-to-earnings (PE) ratio of 11.78, earnings per share (EPS) of Rs 175.18 and price to book value (PB) of 1.08, while the return on equity (ROE) stood at Rs 13.87.
Promoter/ FII Holding
The promoters held 25.45 per cent stake in the company as of December 18, while FII and MF ownerships stood at 54.67 per cent and 9.57 per cent, respectively.
Key Financials With a market capitalisation of Rs 77456.62 crore, the company operates in the NBFC — Diversified industry.

For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 8892.99 crore, up 7.24 per cent from the previous quarter?s Rs 8292.53 crore and up 66.18 per cent from the same quarter a year ago. The company reported net profit of Rs 1786.11 crore for the latest quarter, up 67.0 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 55.64.

The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just