Shriram Finance shares decline 3.62% as Sensex slides
The stock quoted a 52-week low price of Rs 1760.9 and a high of Rs 3652.15.
Earlier, the stock saw a gap down opening in the morning.
A total of 20,652 lakh shares changed hands on the counter till 02:04PM (IST).
The stock of Shriram Finance Ltd. commands a market value of Rs 129026.02 crore.
The stock traded at a price-to-earning (P/E) multiple of 16.79, while the price-to-book value ratio stood at 1.81. Return on equity (ROE) was at 15.04 per cent, according to exchange data.
In the BSE500 pack, 48 stocks traded in the green, while 451 stocks were in the red.
Promotor Holding
Promoters held 25.41 per cent in the Shriram Finance Ltd. as of 30-Jun-2024 while overseas and domestic institutional investors owned 54.28 per cent and 15.24 per cent, respectively.