Shriram Finance Share Price: Shriram Finance stock price down 3.17 per cent as Sensex slides

Shares of Shriram Finance Ltd. fell 3.17 per cent to Rs 3281.0 at 01:38PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 6,321 shares with a turnover of Rs 2.09 crore till 01:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 16.02, 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. The stock hit an intraday high of Rs 3382.5 and a low of Rs 3274.45 during the session and quoted a 52-week high price of Rs 3652.15 and a 52-week low of Rs 1760.9.

The stock’s beta value, which measures its volatility in relation to the broader…

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