Shriram Finance Ltd.

Shriram Transport Finance Company is currently trading at Rs. 652.25, up by 13.95 points or 2.19% from its previous closing of Rs. 638.30 on the BSE.

The scrip opened at Rs. 640.00 and has touched a high and low of Rs. 658.95 and Rs. 640.00 respectively. So far 17804 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 841.80 on 28-May-2013 and a 52 week low of Rs. 465.20 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 658.95 and Rs. 593.00 respectively. The current market cap of the company is Rs. 14928.88 crore.

The promoters holding in the company stood at 25.92% while Institutions and Non-Institutions held 55.25% and 18.83% respectively.

Credit rating agency, CRISIL Research has assigned an IER fundamental grade of 5/5 to Shriram Transport Finance Company. The grade indicates that the company's fundamentals are excellent relative to other listed equity securities in India. The rating agency has also assigned valuation grade of 4/5 to the company.

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.