Shriram Transport Finance Company fell 4.01% to Rs 548.95 at 13:21 IST on BSE on profit booking after the stock jumped 14.60% in the past three trading sessions to Rs 571.90 on 11 September 2013, from a recent low of Rs 499.05 on 5 September 2013.
Meanwhile, the BSE Sensex was down 180.12 points, or 0.90%, to 19,817.33
On BSE, 11,000 shares were traded in the counter compared with average volume of 20,261 shares in the past one quarter.
The stock hit a high of Rs 577.90 and a low of Rs 546.40 so far during the day. The stock hit a 52-week high of Rs 841.80 on 28 May 2013. The stock hit a 52-week low of Rs 465.20 on 28 August 2013.
The stock had underperformed the market over the past one month till 11 September 2013, sliding 11.27% compared with the Sensex's 6.43% rise. The scrip had also underperformed the market in past one quarter, falling 26.57% as against Sensex's 4.46% decline.
The large-cap company has an equity capital of Rs 226.88 crore. Face value per share is Rs 10.
Shriram Transport Finance Company's consolidated net profit rose 7.07% to Rs 366.27 crore on 25.24% growth in total income to Rs 2003.46 crore in Q1 June 2013 over Q1 June 2012. Net interest income (NII) rose 14.12% to Rs 962.88 crore in Q1 June 2013 over Q1 June 2012.
Shriram Transport Finance Company is India's largest commercial vehicle finance company. It has pan India presence with 569 branch offices. It is the largest asset financing non-banking financial company (NBFC) in the country.
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