Sundaram Finance is currently trading at Rs. 1572.00, up by 95.80 points or 6.49% from its previous closing of Rs. 1476.20 on the BSE.
The scrip opened at Rs. 1538.00 and has touched a high and low of Rs. 1599.00 and Rs. 1538.00 respectively. So far 2231 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,945.31 on 22-Jan-2018 and a 52 week low of Rs. 1456.95 on 23-Jul-2018.
Last one week high and low of the scrip stood at Rs. 1,599.00 and Rs. 1470.05 respectively. The current market cap of the company is Rs. 17503.30 crore.
The promoters holding in the company stood at 35.95%, while Institutions and Non-Institutions held 17.77% and 46.27% respectively.
Sundaram Finance has reported 25.93% rise in its net profit at Rs 140.73 crore for the quarter ended June 30, 2018 as compared to Rs 111.75 crore for the same quarter in the previous year. Total income of the company increased by 23.66% at Rs 767.04 crore for Q1FY19 as compared Rs 620.28 crore for the corresponding quarter previous year.
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.
