Shriram Transport Finance Company is currently trading at Rs 687.25, up by 4.75 points or 0.70% from its previous closing of Rs 682.50 on the BSE.
The scrip opened at Rs 682.50 and has touched a high and low of Rs 690.85 and Rs 682.00 respectively. So far 2442 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 535.65 on 20-Jul-2012.
Last one week high and low of the scrip stood at Rs 720.50 and Rs 674.05 respectively. The current market cap of the company is Rs 15625.25 crore.
The promoters holding in the company stood at 25.79% while Institutions and Non-Institutions held 54.51% and 19.71% respectively.
Shriram Transport Finance Company (STFC) is planning to foray into insurance broking business. In this regard, the company is eying an approval from the insurance regulator to start operations of the subsidiary.
Few months back, the company had applied to the Insurance Regulatory and Development Authority (Irda) for insurance broking firm, which would be the third subsidiary of the company. The new subsidiary would be to meet the requirements of the existing around nine lakh customers.
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.
The scrip opened at Rs 682.50 and has touched a high and low of Rs 690.85 and Rs 682.00 respectively. So far 2442 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 535.65 on 20-Jul-2012.
Last one week high and low of the scrip stood at Rs 720.50 and Rs 674.05 respectively. The current market cap of the company is Rs 15625.25 crore.
The promoters holding in the company stood at 25.79% while Institutions and Non-Institutions held 54.51% and 19.71% respectively.
Shriram Transport Finance Company (STFC) is planning to foray into insurance broking business. In this regard, the company is eying an approval from the insurance regulator to start operations of the subsidiary.
Few months back, the company had applied to the Insurance Regulatory and Development Authority (Irda) for insurance broking firm, which would be the third subsidiary of the company. The new subsidiary would be to meet the requirements of the existing around nine lakh customers.
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.
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