Shriram Transport Finance Company Limited
CLOSEDRights Issue · IPO Guide
RI Price
₹570
Subscription
0.00x
Expert Rating
Company has good financials, as per FY20 P/E is 6.25 and RoE 13.90. The difference between CMP and right issue price is around 15%, and upcoming time for this industry will be very challenging, so we give rating to this right issue. But whoever is holding the stock can sold the shares in open market as per eligible shares in Right Issue and purchase same quantity from Right Issue.
Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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