MoneyWorks4Me analysed the past 10-year performance of Sundaram Finance Ltd and arrived at the following conclusion:
The 5-year analysis of Sundaram Finance Ltd's performance infers:
We analysed the performance of Sundaram Finance Ltd share prices over the last 10 years. Here is what we found out:
Sundaram Finance, a Sundram Group company, was incorporated in 1954, with the object of financing the purchase of commercial vehicles and passenger cars. The company was started with a paid-up capital of Rs.2.00 Lakhs and later went public in 1972.
The company's shares were listed in the Madras Stock Exchange in 1972 and in the National Stock Exchange in January 1998.
Subsequently, the equity shares of the company have been delisted from Madras Stock Exchange Limited (MSE) with effect
Subsequently, the equity shares of the company have been delisted from Madras Stock Exchange Limited (MSE) with effect from January 27, 2004, in accordance with SEBI (Delisting of Securities) Guidelines, 2003, for voluntary delisting.
Sundaram has grown today into one of the most trusted financial services groups in India. Today, the activities of the group span savings products like deposits and mutual funds, car and commercial vehicle finance, insurance, home loans, software solutions, business process outsourcing, tyre finance, fleet cards and logistics services. The strength of the Group lies in the quick completion of transactions, long association with transporters for generations and the intimate knowledge of the market and its nuances.
The Group has a vast network of over 400 branches to cater to the financing needs of our customers.
Sundaram Finance is one of the oldest and largest providers of finance for the acquisition of commercial vehicles of all makes.The commercial vehicle finance provided by it helps the small operators to acquire vehicles with minimum hassle and documentation. It provides customised financing options to suit the needs.
Large fleet operators also find it easy to expand their fleet through the finance provided by the company. It also offers special schemes, supported by the manufacturers, where the rates are highly competitive. The finance schemes are easy to understand and without any hidden costs.
The other Group Companies: