Shriram Finance Ltd.

Shriram Transport Finance is currently trading at Rs. 613.00, up by 4.10 points or 0.67% from its previous closing of Rs. 608.90 on the BSE.

The scrip opened at Rs. 619.80 and has touched a high and low of Rs. 619.80 and Rs. 613.05 respectively. So far 1698 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 669.00 on 09-Oct-2012 and a 52 week low of Rs. 416.00 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 655.00 and Rs. 602.00 respectively. The current market cap of the company is Rs. 19693.93 crore.

The promoters holding in the company stood at 46.21% while Institutions and Non-Institutions held 42.71% and 11.08% respectively.

Shriram Transport Finance Company has introduced its 11th Shriram Automall in the country near Hyderabad with two new initiatives that provide value-added services to vehicle owners - Shriram One Stop and Shriram New Look. The entity plans to expand its network to 60 key cities by 2013.

The customers will get information about used commercial vehicles for sale through Shriram One Stop, which is a computerized touch screen kiosk and a virtual Truck Bazaar. Shriram New Look will offer a platform for transaction of vehicles.

Shriram Automall is spread across 15 acres of land and facilitates trading of pre-owned commercial vehicles, infrastructure and agricultural equipment in an organized and transparent manner. It also helps customers seek financing and insurance options as well as provides refurbishment solutions for vehicles.