21 Aug 2018 | 12:16 AM
Research Report

Equity Research Report: Master Pick - Shriram Transport Finance Company Ltd

SRTRANSFIN observes the vehicles demands to be strong and heavy vehicles sales has increased. The replacement demand has also been stronger. The company continues to expect the AUM growth at 10-12% for FY2016, which may be even higher at 15% if the mon-soon rainfall turns out to be good.
04 Sep 2015 | 06:00 PM

SRTRANSFIN rebound swiftly from its support area and made a high of 964.70 in July, 2015. However, profit-taking emerged around that zone which later intensified with market decline and retraced it back to 200 EMA level. It has again formed a fresh base and now looks upbeat for rebound. Participants can accumulate in given range of 845-858 with close below stop loss of 785 for the target of 1020 level.