Shriram Transport Finance Company is currently trading at Rs. 1237.50, up by 13.45 points or 1.10% from its previous closing of Rs. 1224.05 on the BSE.
The scrip opened at Rs. 1234.55 and has touched a high and low of Rs. 1244.00 and Rs. 1227.70 respectively. So far 8215 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1696.15 on 09-Nov-2021 and a 52 week low of Rs. 1097.80 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 1248.00 and Rs. 1204.45 respectively. The current market cap of the company is Rs. 33112.97 crore.
The promoters holding in the company stood at 25.58%, while Institutions and Non-Institutions held 68.49% and 5.93% respectively.
Shriram Transport Finance Company (STFC) has raised $ 475 million (about Rs 3,500 crore) through Reg S Bond, having a tenor of 3.5 years and offering a coupon of 4.15 per cent.
The proceeds from the STFC social bond would be used for employment generation, including through micro, small, and medium-sized enterprise (MSME) financing.
Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.