Shriram City Union Finance is currently trading at Rs. 2015.00, up by 67.60 points or 3.47 % from its previous closing of Rs. 1947.40 on the BSE.
The scrip opened at Rs. 1970.00 and has touched a high and low of Rs. 2040.00 and Rs. 1920.00 respectively. So far 338 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2195.95 on 27-Jan-2015 and a 52 week low of Rs. 991.05 on 19-Mar-2014.
Last one week high and low of the scrip stood at Rs. 1975.60 and Rs. 1880.00 respectively. The current market cap of the company is Rs. 13444.74 crore.
The promoters holding in the company stood at 33.79 % while Institutions and Non-Institutions held 16.65 % and 49.56 % respectively.
The private equity firm, TPG Capital has reportedly put its 20% stake in Shriram City Union Finance (SCUF) on the block. In this regard, TPG is in talks with several private equity players like KKR, Apax, GAAP and Warburg Pincus.
As per the current market price, the deal could be valued at around Rs 2,500 crore. TPG bought 22% stake in Shriram City Union Finance in August 2013 for Rs 1,207 crore and could be making a hefty profit on its investments.
Shriram City Union Finance has presence in the following business segments - loan Against Gold (LAG), Small Business Finance Loans (SBF), Auto Loans, 2-Wheeler loans, Personal Loans and Consumer Durables Loans.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
| View more.. | |
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