Dr CK Narayan of Chart Advise has a buy call on Shriram Transport Finance Company Ltd. with a target price of Rs 1280. The current market price of Shriram Transport Finance Company Ltd. is Rs 1260.6 Time period given by the analyst is Intra Day when Shriram Transport Finance Company Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 1245
Shriram Transport Finance Company Ltd., incorporated in 1979, is a largecap company with a market cap of Rs 28600.84 crore.
Shriram Transport Finance Company Ltd. key Products/Revenue Segments include Interest which contributed Rs 12111.98 Crore to Sales Value (99.26 % of Total Sales), Commission which contributed Rs 73.66 Crore to Sales Value (0.60 % of Total Sales), Income From Financial Services which contributed Rs 12.05 Crore to Sales Value (0.09 % of Total Sales) and Income From Sale Of Share & Securities which contributed Rs 3.97 Crore to Sales Value (0.03 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 3937.99 Crore, up 5.51 % from last quarter Sales of Rs 3732.45 Crore and up 32.20 % from last year same quarter Sales of Rs 2978.90 Crore Company has reported net profit after tax of Rs 609.58 Crore in latest quarter. The companys top management includes Mr.Amitabh Chaudhry, Mr.D V Ravi, Mr.Gerrit Lodewyk Van Heerde, Mr.Pradeep Kumar Panja, Mr.Puneet Bhatia, Mr.S Lakshminarayanan, Mr.S M Bafna, Mr.S Sridhar, Mr.Umesh Revankar, Mrs.Kishori Udeshi. Company has Pijush Gupta & Co. as its auditoRs As on 30-09-2018, the company has a total of 226,882,736 shares outstanding.
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