Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsStfc

    Stfc

    Jump to

    • RBI issues NOC for Shriram Group companies merger

      The Board of Shriram Group on December 13 had approved the merger of its lending subsidiaries SCL and SCUF with STFC. The merged entity would be known as Shriram Finance.

    • Shriram Transport eyes 12% loan growth in FY23; plans super app in 3 years, says MD Umesh Revankar

      STFC will not be adding new locations this year, however, it will consider converting rural centers into branches if they cross 400 customers’ target.

    • Shriram Transport Finance raises Rs 500cr through bonds

      The company has allotted rated, listed, secured, redeemable, non-convertible debentures on private placement basis for an issue size of Rs 500 crore, STFC said in a regulatory filing.

    • Shriram Transport Finance to raise Rs 25k cr, buy back bonds

      The board of directors at its meeting has "approved issuance of redeemable non-convertible debentures on private placement basis up to Rs 25,000 crore in the annual general meeting held today", it said in a BSE filing.

    • BoAML ups target & EPS of Shriram Transport on growth, margins

      According to BoAML, STFC is big beneficiary of a turnaround in the commercial vehicle cycle and its recent quarterly asset quality performance is a testament to that.

    • Shriram Transport Finance Q1 net rises 5% to Rs 321 crore

      Shriram Transport Finance Company (STFC) on Friday said its net profit increased marginally by 5 percent to Rs 321.11 crore in the first quarter ended June 30 as the commercial vehicle financier's bottomline was dented by an increase in non-performing loans.

    • Accumulate Shriram Transport; target Rs 1082: CD Equisearch

      Brokerage house CD Equisearch is bullish on Shriram Transport Finance Company (STFC) and has recommended accumulate rating on the stock with a target price of Rs 1082 in its research report dated July 09, 2015.

    • Shriram Transport- Expect profitability to improve: CRISIL

      CRISIL Research expects Shriram Transport Finance Corporation (STFC)‘s profitability to improve with the expected pick-up in the economy.

    • Buy Shriram Transport; target of Rs 1200: P Lilladher

      Brokerage house Prabhudas Lilladher is bullish on Shriram Transport Finance Corporation (STFC) and has recommended 'Buy' rating on the stock with a target price of Rs 1200, in its research report dated January 27, 2015.

    • Accumulate Shriram Transport; target of Rs 950: P Lilladher

      Brokerage house Prabhudas Lilladher is bullish on Shriram Transport Finance Corporation (STFC) and has recommended 'Accumulate' rating on the stock with a target price of Rs 950 in its research report dated October 22, 2014.

    • Shriram Transport Finance to raise Rs 500 cr via NCD

      Shriram Transport Finance Company, one of the largest asset financing NBFCs in India, plans to enter the debt capital market on October 7, 2013 with a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs.1,000 each.

    • Here's what led to Shriram Transport profit erosion

      "We all are going through tough environment. Somehow, we are still holding our asset quality. Due to weak economic indicators, we have seen some moderation in the manufacturing and bulk goods transportation," Umesh Revankar, MD, Shriram Transport Finance told moneycontrol.com.

    • Shriram Transport to raise Rs 750 cr via NCD issue

      Shriram Transport Finance Company aims to raise upto Rs 375 crore with an option to retain over-subscription up to Rs 375 crore for issuance of additional NCDs aggregating to a total of up to Rs 750 crore.

    • Shriram Transport to raise Rs 2000cr via NCD issues in FY13

      Shriram Transport, an NBFC, plans to raise Rs 2,000 crore through retail issuances of non-convertible debentures to support its lending target in FY13. The first tranche of around Rs 400 crore is likely to hit the market in July. Moreover, the company is likely to branch out its business by cross selling investment and insurance products.

    • Shriram Transport confident of maintaining NIM at 7-8%

      Shriram Transport Finance (STFC) reported flat net profit at Rs 299 crore for quarter-ended September 20, as the company's bottomline was hit by higher provision and loan write-offs.

    • STFC to raise Rs 500-cr through sale of secured NCDs

      Shriram Transport Finance Company (STFC), a flagship company of Shriram group, on Tuesday said that it plans to raise Rs 500 crore through sale of secured non- convertible debentures (NCDs) of face value of Rs 1,000 each.

    • Shriram shares up 2% on Temasek stake buy buzz

      Shriram Transport Finance (STFC) shares were up 1% at Rs 798.65, following a report in the Business Standard that Singapore-based Temasek Holdings was looking to acquire 10-14% of the company, through a partial buy-out of TPG Capital’s stake.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347