Page 3 - Shriram Transport Finance
Shriram Transport Finance to raise $250 million from global markets
The company will use the proceeds for onward lending and other activities
 "Shriram Transport Finance to raise $250 million from global markets")
Slow commercial vehicle sales cap upsides for Shriram Transport Finance
As disbursements weaken, loan growth may come under pressure; the company's possible merger with Shriram City Union also an overhang
 "Slow commercial vehicle sales cap upsides for Shriram Transport Finance")
Shriram Transport Finance raises $400 million from international markets
According to the source, the order book was subscribed up to $1 billion
 "Shriram Transport Finance raises $400 million from international markets")
Shriram Transport: Street hasn't turned cautious despite fall in profit
A mix of prudent lending, along with increased securitisation, assignment, and reliance on external commercial borrowings, has helped the financier
 "Shriram Transport: Street hasn't turned cautious despite fall in profit")
Forcible repossession of vehicle is illegal
A financier cannot take forcible action to repossess a vehicle. It has to adopt a juridical remedy and cannot take the law in its hands
Shriram Transport Finance Q2 net profit rises 22% to Rs 6.1 billion
The board of directors declared an interim dividend of 50 per cent
 "Shriram Transport Finance Q2 net profit rises 22% to Rs 6.1 billion")
Shriram Transport to raise funds through issue of redeemable NCD's
The meeting of the Board of Directors of the company is scheduled to be held on Thursday to consider and approve the term os such burrowing
 "Shriram Transport to raise funds through issue of redeemable NCD's")
Shriram Transport posts sharpest fall in 19-months, turns investors jittery
Analysts say the correction is overdone and presents an opportunity for long-term investors
 "Shriram Transport posts sharpest fall in 19-months, turns investors jittery")
Lenders may invoke guarantees of Shriram Transport Finance on SVL Ltd
SVL-owned companies facing NCLT proceedings
 "Lenders may invoke guarantees of Shriram Transport Finance on SVL Ltd")
Shriram Transport Finance posts sharpest fall in 19-months; stock tanks 18%
The stock tanked 18% to Rs 1,066, its sharpest intra-day fall since November 9, 2016.
Shriram Transport Finance allots NCDs worth Rs 400 cr
Shriram Transport Finance is engaged in the business of providing loans for commercial vehicles
Bulls make a comeback in Shriram Transport Finance
Positive fundamentals are boosting sentiment
 "Bulls make a comeback in Shriram Transport Finance")
Shriram Transport Finance Q1 net up 20% at Rs 448 cr
Net interest income was up 17% at Rs 1,585 cr
 "Shriram Transport Finance Q1 net up 20% at Rs 448 cr")
Shriram Transport Finance rallies on heavy volumes
The stock rallied 7% to Rs 1,322, also its fresh record high on the National Stock Exchange.
Shriram Transport Finance gains on raising Rs 26 crore via NCDs
The company has allotted 260 NCDs of face value of Rs 10,00,000/- each aggregating Rs 26 crore
Shriram Transport to raise $150 million from IFC
Investment is likely to be in the form of senior debt
 "Shriram Transport to raise $150 million from IFC")
Shriram Transport Finance to raise Rs 250 crore via NCDs
The NCDs, having a tenure of 366 days, will carry a coupon rate of 9.15% per annum
 "Shriram Transport Finance to raise Rs 250 crore via NCDs")
Shriram Transport: Growth potential outweighing asset quality concerns
Recovery in commercial vehicle and commercial equipment sales will aid Shriram Transport's revenues
 "Shriram Transport: Growth potential outweighing asset quality concerns")
