Shriram Transport Finance Company Ltd to raise funds

Shriram Transport Finance Company Ltd is considering raising of funds through various options of borrowings including by way of issue of securities in onshore / offshore market on public / private placement basis. Based on the market conditions the meeting(s) of Banking and Finance Committee / Debt Issuance Committee will be held during the month of March, 2018 to consider and approve the terms and conditions of such borrowings.

Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.1348.45 as compared to the previous close of Rs. 1350.55. The total number of shares traded during the day was 10273 in over 377 trades.

The stock hit an intraday high of Rs. 1356.95 and intraday low of 1337. The net turnover during the day was Rs. 13836713.

Source : Equity Bulls

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