Shriram Transport Finance Company jumped 4.16% to Rs 1,010 at 14:44 IST on BSE after net profit rose 19.94% to Rs 448.68 crore on 7.88% increase in total revenue to Rs 2899 crore in Q1 June 2017 over Q1 June 2016.
The result was announced during market hours today, 31 July 2017.
Meanwhile, the S&P BSE Sensex was up 172.53 points, or 0.53% at 32,482.41.
On the BSE, 2.03 lakh shares were traded on the counter so far as against the average daily volumes of 1.02 lakh shares in the past one quarter. The stock had hit a high of Rs 1,011 and a low of Rs 965 so far during the day. The stock had hit a record high of Rs 1,325 on 1 August 2016 and a 52-week low of Rs 778 on 26 December 2016.
The stock had underperformed the market over the past one month till 28 July 2017, declining 2.95% compared with the Sensex's 4.79% rise. The scrip had also underperformed the market over the past one quarter sliding 6.5% as against the Sensex's 7.99% rise. The scrip had also underperformed the market over the past one year declining 21.36% as against the Sensex's 14.54% rise.
The large-cap company has equity capital of Rs 226.88 crore. Face value per share is Rs 10.
Shriram Transport Finance Company is one of the leading asset financing non-banking financial companies (NBFC) in India.
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