Shriram Transport Finance Corporation

NSE Announcements on Shriram TransFi

Posted by : MMB Messenger
Price when posted : [Shriram TransFi - BSE:Rs. 335.00 NSE:Rs. 334.85 when posted]

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Shriram Transport Finance Co. Ltd. has informed the Exchange regarding the proceedings of the Annual General Meeting of the Shareholders of the Company held on July 31, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on Shriram TransFi

Posted by : MMB Messenger
Price when posted : [Shriram TransFi - BSE:Rs. 335.00 NSE:Rs. 334.85 when posted]

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Shriram Transport Finance Company Ltd has informed BSE that the given below are the details of the email i.d. designated exclusively for grievance redressal division / compliance officer:

secretarial@stfc.in...

BSE Announcements on Shriram TransFi

Posted by : MMB Messenger
Price when posted : [Shriram TransFi - BSE:Rs. 335.00 NSE:Rs. 334.85 when posted]

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Shriram Transport Finance Company Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on July 31, 2008....

BSE Announcements on Shriram TransFi

Posted by : MMB Messenger
Price when posted : [Shriram TransFi - BSE:Rs. 340.10 NSE:Rs. 343.00 when posted]

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Shriram Transport Finance Company Ltd has informed BSE that Fitch Ratings India has affirmed the AA(ind) National rating of Shriram Transport Finance Company Ltds (STFC) debenture programme for an additional amount of INR 20 billion (total rated debentures enhanced to INR 35 billion from INR 15 billion previously)....

shri ram trans

Posted by : ABHISHEKKOTHARI
Price when posted : BSE: Rs 349.80 ( -1.27 % ), NSE: Rs. 346.15 ( -0.93 % )

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absolutely right Mr. Tarkeshwar. This is d reason 4 high debts in banks & NBFC....

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shri ram trans

Posted by : tarkeshwar

Shriram Transport is a finance company (a Non-Banking Financial Company to be precise). So, its debt figure will always be many multiples of net worth. That is a normal case. They take money from borrowers (retail and institutional) and lend to their customers at higher rates. That's why debt figure will always be high.

Look at debt figures of banks - icici, hdfc etc. You will find similar debt pattern as their business is also borrowing and lending.

shri ram trans

Posted by : tarkeshwar
Price when posted : BSE: Rs 349.80 ( -1.27 % ), NSE: Rs. 349.40 ( -1.20 % )

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Shriram Transport is a finance company (a Non-Banking Financial Company to be precise). So, its debt figure will always be many multiples of net worth. That is a normal case. They take money from borrowers (retail and institutional) and lend to their customers at higher rates. That's why debt figure will always be high.

Look at debt figures of banks - icici, hdfc etc. You will find similar debt pattern as their business is also borrowing and lending....

In reply to:

shri ram trans

Posted by : psgs

also have a look at the 15k cr. debt it is holding :)lol.

swamy.

shri ram trans

Posted by : ABHISHEKKOTHARI
Price when posted : BSE: Rs 350.90 ( -0.96 % ), NSE: Rs. 350.00 ( -1.03 % )

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sry for late reply.. d co. plans to enter in a big way in financing of construction equipments.... this has been on radar for quite some time now. They are looking for either organic or inorganic growth. For margins u can have a look at Magma Shrachi Finance Ltd which has a mkt share of arnd 8% in this segment. ...

In reply to:

shri ram trans

Posted by : psgs

also have a look at the 15k cr. debt it is holding :)lol.

swamy.

Buy Shriram Transport; target of Rs 350: PINC

Posted by : uak
Price when posted : BSE: Rs 316.20 ( 0.67 % ), NSE: Rs. 313.25 ( -0.02 % )

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I am holding shriram transport since it 2 years and looking at trends and performance in bear market crash it will surely be safest bet..BUY...

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Buy Shriram Transport; target of Rs 350: PINC

Posted by : MMB Messenger

PINC Research has recommended buy rating on Shriram Transport Finance with a target of Rs 350.

Buy Shriram Transport; target of Rs 350: PINC

Posted by : MMB Messenger
Price when posted : BSE: Rs 316.20 ( 0.67 % ), NSE: Rs. 313.25 ( -0.02 % )

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PINC Research has recommended buy rating on Shriram Transport Finance with a target of Rs 350....

shri ram trans

Posted by : psgs
Price when posted : BSE: Rs 312.00 ( 0.89 % ), NSE: Rs. 312.00 ( 0.68 % )

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also have a look at the 15k cr. debt it is holding :)lol.

swamy....

In reply to:

Buy Shriram Transport; target of Rs 350: PINC

Posted by : MMB Messenger

PINC Research has recommended buy rating on Shriram Transport Finance with a target of Rs 350.