Shriram Finance Share Price: Share price of Shriram Finance falls as Sensex falls by 112.8 points.
The counter recorded total trading volume at 12:17 PM with a turnover of Rs 1.61 crore on the BSE so far. The stock traded at a price-to-earnings ratio of 11.68 and a price-to-book ratio of 1.08.
A higher price to earnings ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock offers due to expectations of better future growth.
Price book value represents the intrinsic value of a company and measures the price investors are prepared to pay even if the company does not grow.
Shriram Finance Ltd. belongs to NBFC (Diversified Industries).
Promoter/FII holdings
Promoters hold 25.45% stake in the company as of September 30, 2023, while foreign investors and domestic institutional investors hold 54.67% and 15.13% stake, respectively.
main financial
The company reported consolidated net sales of Rs 8892.99 crore for the quarter ended September 30, 2023, up 7.24% from Rs 8292.53 crore in the previous quarter and 66.18% up from Rs 5351.28 crore in the year-ago quarter.
Profit for the latest quarter stood at Rs 1786.11 crore, up 67.0% year-on-year.
