Sundaram Finance is currently trading at Rs. 1696.05, up by 46.75 points or 2.83% from its previous closing of Rs. 1649.30 on the BSE.
The scrip opened at Rs. 1670.00 and has touched a high and low of Rs. 1705.00 and Rs. 1670.00 respectively. So far 770 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1800.00 on 08-Aug-2017 and a 52 week low of Rs. 1089.00 on 26-Dec-2016.
Last one week high and low of the scrip stood at Rs. 1705.00 and Rs. 1613.05 respectively. The current market cap of the company is Rs. 18777.11 crore.
The promoters holding in the company stood at 35.95%, while institutions and non-institutions held 17.20% and 46.84% respectively.
Sundaram Finance has recorded a 12.8% rise in the total loan disbursed during the first six month period ending September 30 at Rs 7,217 crore compared to the disbursement of Rs 6,394 crore during corresponding period of last year. For the August-September 2017 quarter, the loan disbursements grew by 20% to Rs 3,797 crore, as compared to Rs 3,177 crore, registered during year ago period.
The asset quality with gross NPA as on September 30, 2017 stood at 2%, while net NPA stood at 1.01%. Gross NPA was at 2.18% and net NPA was at 1% as on September 30, 2016.
Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 939.45 |
| Shriram Finance | 1045.65 |
| Aditya Birla Capital | 344.60 |
| Chola Invest & Fin. | 1588.55 |
| Tata Capital | 334.85 |
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