In today’s trading, shares of Shriram Finance Ltd. went up by 2.16% to Rs 3083.10 as of 10:05 AM (IST). During this session, the stock reached a high of Rs 3088.55 and a low of Rs 3000.00.
The company shows a good return on equity (ROE) of 15.04%. The traded volume was notable, with a turnover of Rs 1.54 crore by that time.
Looking at the past year, Shriram Finance Ltd. has hit a 52-week high of Rs 3652.15 and a low of Rs 1933.70. The stock’s Beta value is 1.6856, which means it’s more volatile than the market.
As of September 30, 2024, the company’s ownership is as follows: Promoters hold 25.4%, foreign institutional investors (FIIs) own 53.29%, and domestic institutional investors have 16.17%.
In terms of finances, Shriram Finance reported sales of Rs 10,096.68 crore for the quarter ending September 30, 2024. This is a 5.07% increase from the previous quarter and a 13.54% increase compared to the same time last year. The net profit for this latest quarter was Rs 2140.4 crore, which is up 19.84% from one year ago.
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