Page 2 - Shriram Transport Finance

Shriram Transport Finance, Shriram City merger plan still on cards: STFC MD

STFC is mainly into vehicle finance, specialising in funding second-hand trucks, while Shriram City Union is into consumer finance.

Shriram Transport Finance Q1 net drops 47% on higher provisions

This was due to accelerated provisions against expected credit loss.

Shriram Transport Finance aims 10-12% AUM growth in fiscal year 22

Shriram Transport Finance is a non-banking finance company

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The chart of Bajaj Auto looks attractive with the RSI also improving the bias and indicating a trend reversal to signal a buy

Shriram Transport Finance mulls raising $250 mn via social bonds in Q4

After raising $500 million earlier this month, Shriram Transport Finance Company may look at raising another USD 250 million from such bonds before March, a top company official said.

NBFC stocks in focus; Chola Investment, Shriram Transport rally up to 8%

In a discussion paper released on its website, the RBI has suggested a four-tier pyramid structure for the sector.

Starting a new bank easier than converting an NBFC into one: Umesh Revankar

In a Q&A, the MD of Shriram Transpport Finance, which has an AUM of Rs 1.13 trillion, explains why his company is in no hurry to acquire a banking licence

Financials extend rally; IndusInd, Shriram Transport surge over 20% in 1 wk

In the past week, the S&P BSE Finance index has rallied 10 per cent, against a 5 per cent gain in S&P BSE Sensex.

Shriram Transport Finance soars 10% in sharpest intra-day rally in 6 months

For Q2FY21, Shriram Transport reported a better-than-expected net profit at Rs 685 crore, on back net interest income of Rs 2,022 crore and lower-than-estimated provisioning.

CV financiers: Favourable valuations, but unpredictable fundamentals

Positive management commentary from M&M Finance and Shriram Transport bodes well; sustenance is key

Will limit debt restructuring to a select few: Shriram Transport CEO

Chief Executive Umesh Revankar tells T E Narasimhan in an interview that the company does not see any challenge to its cash flows

Shriram Transport Finance okays rights issue to promoters for Rs 1,500 cr

The issue has been fixed at Rs 570 per share, including premium of Rs 560 per rights equity share, it said

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI also has shown a trend reversal to signal a 'buy' in Shriram Transport

ED slaps Rs 5 cr penalty on Shriram Transport Finance for issue of warrants

Firm asserts it did not contravene FEMA and is exploring all options, including contest

Too early to turn positive on M&M Finance, Chola, Shriram Transport stocks

Uptick in used CV sales helped in Q3, but new vehicle sales remain weak and operational challenges haven't eased

Shriram Transport Finance Q3 PBT up 20.6% to Rs 1,186 cr; stock ends flat

The other income rose by about 250.5 per cent to Rs 64.4 crore in Q3FY20 from Rs 18.4 crore in same quarter of last fiscal

Shriram Transport Finance raises around Rs 3,556 crore through bond issue

The bond got overwhelming response from investors, as per the filing

Stock recommendations by Anand Rathi: Buy Shriram Transport Finance, HUL

Stock calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Shriram Transport to issue second tranche of bonds, raise up to Rs 1,000 cr

The base size of the issue is Rs 200 crore with an option to retain oversubscription aggregating up to Rs 1,000 crore

Govt needs to forget fiscal prudence to revive demand: Shriram Transport MD

'the government should be little on the expansionary mode for two years', said Umesh Revankar, MD and CEO, Shriram Transport Finance