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Shriram Transport Finance Company Ltd drops for fifth straight session

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Capital Market
Last Updated : Sep 05 2018 | 1:50 PM IST

The stock is quoting at Rs 1279.1, down 1.4% on the day as on 13:19 IST on the NSE. Shriram Transport Finance Company Ltd jumped 20.69% in last one year as compared to a 15.31% rally in NIFTY and a 13.19% spurt in the Nifty Financial Services index.

Shriram Transport Finance Company Ltd fell for a fifth straight session today. The stock is quoting at 1279.1, down 1.4% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.75% on the day, quoting at 11434.1. The Sensex is at 37886.72, down 0.71%.Shriram Transport Finance Company Ltd has eased around 10.17% in last one month.Meanwhile, Nifty Financial Services index of which Shriram Transport Finance Company Ltd is a constituent, has eased around 2.5% in last one month and is currently quoting at 11521.6, down 1% on the day. The volume in the stock stood at 11.59 lakh shares today, compared to the daily average of 10.25 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1277.95, down 2% on the day. Shriram Transport Finance Company Ltd jumped 20.69% in last one year as compared to a 15.31% rally in NIFTY and a 13.19% spurt in the Nifty Financial Services index.

The PE of the stock is 18.39 based on TTM earnings ending June 18.

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First Published: Sep 05 2018 | 1:35 PM IST

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