Shriram Finance Ltd.

Shriram Transport Finance Company is currently trading at Rs 858.05, up by 5.90 points or 0.69% from its previous closing of Rs 852.15 on the BSE.

The scrip opened at Rs. 855.00 and has touched a high and low of Rs. 864.00 and Rs. 852.10 respectively. So far 3996 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1286.40 on 04-Mar-2015 and a 52 week low of Rs. 761.50 on 07-May-2015.

Last one week high and low of the scrip stood at Rs. 883.00 and Rs. 844.00 respectively. The current market cap of the company is Rs. 19473.35 crore.

The promoters holding in the company stood at 26.05% while Institutions and Non-Institutions held 55.65% and 18.30% respectively.

Shriram Automall India (SAMIL), a wholly-owned subsidiary of Shriram Transport Finance Company, is expecting a growth of 15-20 per cent in FY16. The company is in the process of constructing 10 more automalls, of them five are expected to be ready by the end of this financial year.

The company provides sale and disposal of pre-owned vehicles through a network of 55 automalls spread across the country.

Shriram Transport Finance is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC. The company was with an objective to provide hire purchase and lease finance for the medium and heavy commercial vehicles to individual truck operators.