Shriram Trans Fin Share Price: Shriram Trans Fin shares gain 0.96% as Sensex rises
The stock quoted a 52-week high of Rs 1696.15 and a 52-week low of 1002.5. About 10,593 shares changed hands on the counter so far.
Benchmark Nifty50 was up 311.9 points at 16664.35, while the BSE Sensex traded 1078.55 points higher at 55963.21 at the time of writing of this report.
In the Nifty pack, 43 stocks traded the day in the green, while 7 were in the red.
For the quarter ended 31-Mar-2022, the company reported consolidated sales of Rs 5087.59 crore, up 5.28 per cent from the previous quarter’s Rs 4832.33 crore and up 13.11 per cent from the year-ago quarter. The company reported net profit of Rs 1091.23 crore for the latest quarter.
Promoters held 26.45 per cent stake in the company as of 31-Mar-2022, while FIIs held 53.88 per cent and MFs 5.3 per cent.
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1277.01 on May 30, while the 50-DMA was at Rs 1137.23. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.