Shriram Transport Finance Company is currently trading at Rs. 1152.70, up by 10.30 points or 0.90% from its previous closing of Rs. 1142.40 on the BSE.
The scrip opened at Rs. 1145.85 and has touched a high and low of Rs. 1159.50 and Rs. 1145.05 respectively. So far 7832 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1296.75 on 13-Mar-2019 and a 52 week low of Rs. 909.25 on 24-Jul-2019.
Last one week high and low of the scrip stood at Rs. 1176.70 and Rs. 1140.90 respectively. The current market cap of the company is Rs. 26046.14 crore.
The promoters holding in the company stood at 26.25%, while Institutions and Non-Institutions held 65.52% and 8.23% respectively.
Shriram Transport Finance Company is looking to raise up to Rs 1,000 crore through bonds. The base size of the issue is Rs 200 crore with an option to retain oversubscription aggregating up to Rs 1,000 crore.
This is the second tranche of bonds to be issued by the non-banking finance company. The funds raised will be used for onward lending, financing and for repayment/ prepayment of interest and principal of existing borrowings of the company and for general corporate purposes.
Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 933.45 |
| Shriram Finance | 1034.45 |
| Aditya Birla Capital | 346.95 |
| Chola Invest & Fin. | 1576.45 |
| Tata Capital | 333.20 |
| View more.. | |
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