Fri, Feb 07, 2020
Umesh Revankar, MD & CEO at Shriram Transport Finance: Demand was quite good in this quarter (Q3) and this growth was backed by delayed the agri-output due to excess rain and Diwali festive. Overall, the economic activity in the rural side was good and this led to an improvement on the recovery side
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Wed, Feb 05, 2020
Shriram Transport Finance share price can rise up to Rs 1,524 per stock levels from Rs 1,130 mark, say stock market experts.
Tue, Jan 28, 2020
Roads and telecommunication have reached these areas but they are facing challenges related to portable water, drinking water, sanitation, school and hospital among others, which hasn't reached the region yet. The availability of these facilities in the rural areas will give a pause/end to rural to city migration and encourage them to create some industry, business or job in the region. Thus, two different types of infrastructure creation will be good for the economy
Fri, Jan 10, 2020
Shriram Transport Finance Company Limited has successfully priced a $500 million through bond issuance in the international bond markets.
Thu, Jan 02, 2020
Shriram Transport Finance Company Limited is proposing a public issue of up to Rs 1,000 crore by issuing Secured Redeemable NCDs of the face value of Rs 1,000 each.
Fri, Jul 26, 2019
Brokerage Edelweiss said Tata Motors' demand outlook remained challenging, and it expected free cash flow (FCF) to remain negative for JLR through FY21.
Umesh Revankar, MD & CEO, Shriram Transport Finance says talks about the slowdown in the auto sector and company's Q1FY20 results.
Thu, Jul 25, 2019
Big boost for the auto industry, MSMEs: IFC, a member of the World Bank Group, will channel $200 million into Shriram Transport Finance to primarily fund purchases of commercial vehicles and support MSMEs.
In Corporate Radar programme today, viewers will be inform about developments in stock market which made a recovery as several sectors including NBFCs, Insurance firmed up, but PSBs and Auto firms failed to make any pull back. Shriram Transport Finance Corporation shares in NBFC segment, however, rallied 9 percent as its June quarter results has shown stability. As earnings beat analyst expectations, Zee Business speaks to UG Revankar, CEO & MD of Shriram Transport Finance, about the company's growth prospects and strategy for future.
Wed, May 08, 2019
Shriram Transport Finance Company Wednesday reported a 22.4 per cent fall in its net profit at Rs 746.04 crore for the fourth quarter ended March 31, 2019.
Thu, Apr 04, 2019
Umesh Revankar, MD & CEO, Shriram Transport Finance, speaks about his expectations from FY20, liquidity concerns, outlook on NPAs and second-hand truck business during an interview with Zee Business.
Mon, Nov 26, 2018
The decline in Shriram also comes during a crucial time as the company is among major NBFCs and currently the sector is facing liquidity pressure due to IL&FS default crisis.
Thu, Jul 26, 2018
Shriram Transport Finance Company today reported a 24.53 per cent rise in net profit at Rs 572.9 crore in the first quarter ended June 30, 2018.
On July 4, ICICI Securities suspended coverage of Shriram Transport Finance stock after the company for the very first time in its FY18 disclosed an off-balance sheet exposure of Rs 871 crore provided to group company SVL.
Tue, Jan 30, 2018
Benchmark indices slipped into the negative territory today following the Economic Survey for 2017-18
Sat, Jul 08, 2017
Both IDFC and Shriram Group will be entering into a 90-day exclusive merger talks.
Thu, Jan 12, 2017
This would be the third NBFC to enter the masala bonds market. Till now only HDFC and Indiabulls Housing Finance have raised Rs 5000 crore and Rs 500 crore, respectively.
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