Shriram Trans Fin rises 1.3% as Sensex slides

The scrip quoted a 52-week low price of Rs 1002.5 and a high of Rs 1696.15.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 9,355 lakh shares changed hands on the counter till 11:36AM (IST).

The stock of Shriram Transport Finance Company Ltd. commanded a market value of Rs 31098.95 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 11.59, 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.

In the BSE500 pack, 149 stocks traded in the green, while 352 stocks were in the red.

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

Promotor/FII Holding

Promoters held 26.45 per cent in Shriram Transport Finance Company Ltd. as of 31-Mar-2022 while foreign portfolio investors and domestic institutional investors owned 53.88 per cent and 5.3 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1269.79 on June 16, while the 50-DMA was at 1149.89. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.