Sundaram Finance is currently trading at Rs. 4141.45, up by 144.90 points or 3.63% from its previous closing of Rs. 3996.55 on the BSE.
The scrip opened at Rs. 4019.30 and has touched a high and low of Rs. 4144.20 and Rs. 4019.30 respectively. So far 4373 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 5640.00 on 04-Mar-2026 and a 52 week low of Rs. 3818.00 on 26-Oct-2026.
Last one week high and low of the scrip stood at Rs. 4,144.20 and Rs. 3,865.00 respectively. The current market cap of the company is Rs. 45494.25 crore.
The promoters holding in the company stood at 37.19%, while Institutions and Non-Institutions held 26.87% and 35.93% respectively.
Sundaram Finance has received approval for the proposed acquisition of 100% stake in Sundaram Alternate Assets (SAAL), a wholly-owned subsidiary of Sundaram Asset Management Company (SAMCL), which in turn is a wholly-owned subsidiary of the Company. The proposed acquisition shall be subject to necessary regulatory approvals. Upon completion of the proposed acquisition, SAAL shall become a wholly-owned subsidiary of the Company.
The acquisition is proposed to be made at a cost not exceeding Rs 75 crore (excluding stamp duty, taxes and other charges, if any). The said acquisition is expected to be completed by March 31, 2027. The Board of Directors of the Company has, at its meeting held on November 4, 2026, accorded its approval for the same.
Sundaram Finance has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.
