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Shriram Transport Finance Company Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 1488.9, down 0.73% on the day as on 13:29 IST on the NSE. Shriram Transport Finance Company Ltd jumped 50.42% in last one year as compared to a 14.41% rally in NIFTY and a 18.33% spurt in the Nifty Financial Services index.

Shriram Transport Finance Company Ltd dropped for a fifth straight session today. The stock is quoting at 1488.9, down 0.73% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is up around 0.36% on the day, quoting at 10755.1. The Sensex is at 35363.61, up 0.33%.Shriram Transport Finance Company Ltd has lost around 6.49% in last one month.Meanwhile, Nifty Financial Services index of which Shriram Transport Finance Company Ltd is a constituent, has increased around 3.5% in last one month and is currently quoting at 10859.2, up 0.61% on the day. The volume in the stock stood at 13.72 lakh shares today, compared to the daily average of 8.41 lakh shares in last one month.

 

The benchmark May futures contract for the stock is quoting at Rs 1493.7, down 0.81% on the day. Shriram Transport Finance Company Ltd jumped 50.42% in last one year as compared to a 14.41% rally in NIFTY and a 18.33% spurt in the Nifty Financial Services index.

The PE of the stock is 23.01 based on TTM earnings ending March 18.

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First Published: May 11 2018 | 1:36 PM IST

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