Shriram Trans Fin stock price down 0.82 per cent as Sensex climbs

As per data available on BSE, total traded quantity on the counter stood at 20,548 shares with a turnover of Rs 2.71 crore till 01:14PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 10.12, while the price-to-book value ratio stood at 1.18.

Return on equity (ROE) was at 10.42 per cent, according to exchange data. The stock hit an intraday high of Rs 1334.0 and a low of Rs 1310.4 during the session and quoted a 52-week high price of Rs 1696.15 and a 52-week low of Rs 1002.5.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.69.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1239.88 on September 12, while the 50-DMA was at Rs 1352.26. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 44.21. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2022, promoters held 29.3 per cent stake in the company, while foreign institutional investors held 49.97 per cent and domestic institutional investors had 15.23 per cent.