Recent Event Highlights: Buy Shriram Transport Finance at target price 570-575: Angel Broking - Economic Times, Shriram Transport Finance to witness good growth: Prabhudas Lilladher - Economic Times, Shriram Transport Finance Company to announce FY 2010 results on Apr 29, 2010 - Equity Bulls, TEXT-Fitch assigns final rating to STFCL DA Program-Dec09-2 - Reuters India, Tata Motors, GAIL expect 25% upside; Bombay Rayon 60% upside from current ... - Economic Times, FITCH ratings for Indian debt instruments-Apr 15 - Reuters India, and 53 more...
Created by dipity on Jul 23, 2009
Last updated: 10/24/10 at 02:16 PM
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Buy Shriram Transport Finance at target price 570-575: Angel BrokingEconomic TimesShriram Transport Finance the charts are good but the volumes are not picking up so I will say ideally the volume should start picking up in this particular ...
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General Electric 2.0SifyA part of its transportation finance portfolio was sold to Shriram Transport Finance Company in December last year. This, says Flannery, has brought down ...and more »
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Shriram Transport Finance to witness good growth: Prabhudas LilladherEconomic TimesSanjeev Patni, president and head, Institutional Equities, Prabhudas Lilladher, in a chat with ET Now talks about Shriram Transport Finance. ...and more »
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Shriram Transport Finance Company to announce FY 2010 results on Apr 29, 2010Equity BullsShriram Transport Finance Company Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 29, 2010, inter alia, ...
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External group to examine, recommend new bank licencesIndian ExpressThe Shriram Transport Finance has made its intentions clear on its banking foray and got internal approvals for the same.External expert group to look into new bank licencesFinancial Expressall 2 news articles »
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TEXT-Fitch assigns final rating to STFCL DA Program-Dec09-2Reuters India-The new commercial vehicle (CV) loan pool assigned to the purchaser is originated by Shriram Transport Finance Co. Ltd. (SRTR.BO: Quote, Profile, Research) ...
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Tata Motors, GAIL expect 25% upside; Bombay Rayon 60% upside from current ...Economic TimesFor all these stocks, Phillips Carbon Black, Gas Authority, Bombay Rayon and Shriram Transport, could you first start off by telling us what is the time ...
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FITCH ratings for Indian debt instruments-Apr 15Reuters IndiaLtd Second Loss Credit Fac (SO) Shriram Transport Finance Co. Ltd Loss Severity (SO) /LS1 Shriram Transport Finance Co. Ltd Small Operators Trust 2008 ...
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afaqs!Madison bags media account of Shriram Transport FinanceBusiness StandardPTI / New Delhi April 06, 2010, 18:16 IST Madison Media today said it has bagged the media account of the Shriram Group firm Shriram Transport Finance ...STFC appoints Madison Media as AORIndiantelevision.comShriram Transport appoints Madison Media as AORafaqs!Madison Media lands Shriram Transport Finance's media dutiesCampaign Indiaall 4 news articles »
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Shriram Transport Finance repurchases Secured Non Convertible DebenturesEquity BullsShriram Transport Finance Company Ltd has announced that in accordance with the terms and conditions specified in the Prospectus dated July 16, ...
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Magma Fincorp, Shriram Transport can give 15-20% return: Joshi Sharmila Joshi, Co-Head PCG Sales, Emkay Global Financial Services is of the view that Magma Fincorp, Shriram Transport can give 15-20% return from these levels.
The markets are likely to move higher by the end of this year, said, Rajat Rajgarhia, Head of Research at Motilal Oswal Securities. The floor for Nifty may be at 4600-4700, which will chiefly be triggered by earnings and borrowings.PART2
The markets are likely to move higher by the end of this year, said, Rajat Rajgarhia, Head of Research at Motilal Oswal Securities. The floor for Nifty may be at 4600-4700, which will chiefly be triggered by earnings and borrowings. PART1
In an interview with CNBC-TV18, R Shridhar, MD of Shriram Transport Finance Company Limited said the company is interested in applying for banking license.
India corp bond yields up tracking govt bondsReuters India[ID:nBMA006901] Shriram Transport Finance Co's bond maturing 2012 was the most traded, with a volume of 1.89 billion rupees on FIMMDA. ...and more »
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Long-term debt programs of Indian firms rated by FITCH:PART IIIReuters IndiaLtd. PTC Series 67 Series 1B AA(ind)(SO) Assigned Shriram Transport Finance Co. Ltd. New Commercial Vehicle AA(ind) Assigned Shriram Transport Finance Co. ...and more »
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Shriram Transport raises Rs. 583.86 crore via QIB routeThe HinduThe Board of Directors of Shriram Transport Finance Company Limited (STFC), on Thursday, allotted 116.58 lakh equity shares of the face value of Rs. 10 each ...Shriram Transport Finance Company Raises Rs 583Cr Via QIPVC CircleShriram Transport Finance sails against the tide after raising fundsIndia Infoline.comSTFC raises 583 cr via QIP issueEconomic TimesBusiness Standardall 9 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fbeta.thehindu.com%2Fbusiness%2Fcompanies%2Farticle96953.ece&usg=AFQjCNHmht5ufK9tzJZfsYD9s6X6qhVT7g
Excerpt
...Shriram Transport Finance Company on Friday said it has raised Rs 583.86 crore by selling over 1.1 crore shares, or around 5.2 per cent stake, to qualified institutional buyers. On January 28, the board of directors allotted 116.5 lakh shares of Rs 10 each...
Source Info
Hindu Business Line
Related Topics
http://www.thehindubusinessline.com/blnus/05291301.htm
Shriram Transport allots 11658552 Equity SharesEquity BullsShriram Transport Finance Company Ltd has announced that the duly authorized Securities Issue and Allotment Committee of the Company at its meeting held on ...
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DLA Piper on a roll with Shriram Transport and Usha Martin QIPsBar & BenchDLA Piper has bagged two QIP mandates with Shriram Transport's $125 million (Rs. 575 crore) QIP and Usha Martin's $100 million (Rs. 460 crore) QIP. ...
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Shriram Transport Finance raises $125.01 million in placementTrading Markets (press release)Shriram Transport Finance Company Limited, an India-based provider of finance to small truck owners, has raised approximately INR5,750 million ($125.01 ...
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In an interview with CNBC-TV18, R Shridhar, MD Shriram Transport Finance spoke about the companys capital raising initiative and the road ahead.
In an interview with CNBC-TV18, R Shridhar, MD Shriram Transport Finance spoke about the companys capital raising initiative and the road ahead.
Shriram Transport Fin raises $125m via QIPMoneycontrol.comShriram Transport Finance has raised USD 125 million via qualified institutional placement (QIP). The QIP was priced at Rs 501 per share. ...After a robust 2009, India Inc start '10 with Rs 5800 cr QIPsBusiness StandardIndian issuers grab small window to push out QIPsFinanceAsiaall 3 news articles »
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Shriram Transport to Raise Up to $215 Million in Share SaleBloomberg21 (Bloomberg) -- Shriram Transport Finance Ltd. plans to raise up to $215 million in a share sale to large investors, according to a sale document obtained ...and more »
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Excerpt
...Shriram Transport Finance’s move of roping in private financiers (money lenders) from the unorganised sector four years back is paying off. Out of the nine-month (April-December 2009) revenues of Rs 3,270.3 crore posted by the country’s largest financier...
Source Info
DNA India
Related Topics
http://www.dnaindia.com/money/report_money-lender-gambit-pays-for-shriram-transport_1336757
RTT NewsMoney-lender gambit pays for Shriram TransportDaily News & AnalysisMumbai: Shriram Transport Finance's move of roping in private financiers (money lenders) from the unorganised sector four years back is paying off. ...Steady track record to drive profit numbers Shriram TransportEconomic TimesSee NIM around 7-8% going forward: Shriram TransportMoneycontrol.comShriram Transport Finance Q3 Net Profit RisesRTT NewsMyiris.com -Equity Bulls -Livemintall 18 news articles »
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Shriram Transport has declared its third quarter results. The company's Q3 net profit was up 59% at Rs 237 crore versus Rs 149 crore. In an interview with CNBC-TV18, R Sridhar, Shriram Transport Finance, speaks about the results and his outlook for the company.
Long-term debt programs of Indian firms rated by FITCH:PART-IIIReuters IndiaSeries A2 PTCs AA(ind)(SO) 812.9 Affirmed Shriram Transport Fin. Co. Ltd.- Loan Securitisation Trust-Nov 2006 PTC AA(ind)(SO) Upgraded Shriram Transport Fin ...and more »
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Excerpt
...Shriram City Union Finance slipped 0.06 and 0.51 percent respectively. Out of eight stock analysts currently following Shriram Transport Finance, consensus recommendation is buy. With 1,612,091 units of shares, IDFC Premier Equity Fund holds the largest number...
Source Info
Silicon India
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http://feedproxy.google.com/~r/si-finance/~3/dGNesSKLvPA/Shriram_Transport_Finance_shares_surge_7_percent-nid-64215.html
Excerpt
...vehicles financier Shriram Transport Finance Co. Ltd’s move to acquire General Electric Co.’s Indian transport finance assets will increase its interest margins. It also creates a base of clients for the company for its entry into the construction equipment...
Source Info
livemint.com
http://www.livemint.com/2009/12/24213044/Shriram-Transport8217s-marg.html
Excerpt
...MUMBAI: Shriram Transport Finance Company (STFC) has acquired Rs 1,200-crore worth of assets of GE Capital India's transportation finance portfolio, a top company official said. "We have acquired Rs 1,200-crore worth of commercial vehicles and construction...
Source Info
Times of India
http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/Shriram-Transport-acquires-some-assets-of-GE-transport-fin-biz/articleshow/5375407.cms
Shriram Transport Finance Company has acquired the assets of GE Transportation Financial Services, part of the Indian operations of General Electric (GE), for Rs 1200 crore.
Excerpt
...said R Thyagarajan, founder of Shriram Group. SCL is the main promoter of the two high-growth listed companies, Shriram Transport Finance Company Ltd, the largest asset financing company in India and Shriram City Union Finance Ltd, a leader in the retail finance...
Source Info
Expressindia.com
http://www.financialexpress.com/news/Shriram-Capital-appoints-new-chairman-MD/555541/
In an interview with CNBC-TV18, R Sridhar, MD, Shriram Transport Finance spoke about the latest happenings in his company and sector.
In an interview with CNBC-TV18, R Sridhar, MD, Shriram Transport Finance spoke about the latest happenings in his company and sector.
Shriram Transport Finance Corporation has target of Rs 434, says Sharmila Joshi, Investment Advisor.
Technical Analyst, Ashwani Gujral is bullish on Kalyani Steel, Sabero Organics, Oil Country and UCO Bank. PART3
Technical Analyst, Ashwani Gujral is bullish on Kalyani Steel, Sabero Organics, Oil Country and UCO Bank. PART2
Excerpt
...partners of ChrysCapital should be a happy lot. The New Delhi-headquartered private equity firm has completed its exit from Shriram Transport Finance Company (STFC), a Chennai-based commercial vehicle financier, netting a multiple of around 11-12x. The PE...
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VC Circle
http://www.vccircle.com/500/news/chryscapital-exits-shriram-transport-nets-up-to-12x
Excerpt
...arm. This was TPG’s second investment in the Shriram Group. In February 2006, it had invested through Newbridge Capital (previous avatar) approximately $100 million into Shriram Holdings (Madras), taking a stake in its transport finance subsidiary....
Source Info
VC Circle
http://www.vccircle.com/500/news/tpg-backed-shriram-retail-ups-stake-in-arm
India Corporate Debt Pipeline as on July 27Reuters IndiaNEW ISSUES: ----------- Issuer Size Coupon Maturity (bln rupees) (in pct) Shriram Transport 5* 11.5 3-5 yrs (retail issue) (max on redemption) ISSUES OPEN: ...
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STF offers high interest rate, adequate credit ratingEconomic TimesShriram Transport Finance (STF) is in the business of providing finance for purchase of commercial vehicles (CV). Pre-owned trucks accounted for three ...
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Excerpt
...Chennai-based commercial vehicle financier, Shriram Transport Finance Company will try to raise Rs 1,000 crore from the debt capital market, through a secured, redeemable non-convertible debenture (NCD) issue. The issue is for Rs 500 crore with an option to...
Source Info
Expressindia.com
http://www.financialexpress.com/news/Shriram-Transport-Finance-A-pedigree-offer/494069/
Closing BellEconomic Times2:07 pm: Shriram Transport Finance Company Ltd has posted a profit after tax of Rs 1644.10 million for the quarter ended June 30, 2009 as compared to Rs ...
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HinduShriram Transport Finance June qtr net up 14% at Rs 164 crBusiness StandardPTI / Mumbai July 24, 2009, 18:11 IST Shriram Transport Finance Company, the largest player in commercial vehicle finance, today posted a 14.48 per cent ...Shriram Transport plans Rs 500cr NCDEconomic TimesShriram Transport to issue NCDsHinduShriram Transport Finance Q1 profit up at Rs 164.41 croreEquity BullsReuters India -Business Standard -Business Standardall 29 news articles »
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Shriram Transport Fin June qtr net rises 14.68 pctReuters IndiaMUMBAI, July 24 (Reuters) - Commercial vehicles financier Shriram Transport Finance Co Ltd (SRTR.BO: Quote, Profile, Research) posted a 14.68 percent rise ...Used trucks driving HCV segmentDaily News & Analysisall 2 news articles »
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Stocks to watch: ONGC, Idea, Infosys, RelianceEconomic Times... ICRA, JK Lakshmi Cement, Mahindra Lifespace, Redington, Shriram Transport Finance, Spice Mobiles, Tata Metaliks,Fortis Healthcare, Shree Cements.and more »
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Sensex to extend gains at openIndia Infoline.com... Geometric, Hindustan Motors, HCC, ICRA, Jet Airways, Mahindra Lifespaces, Ranbaxy, Redington, Reliance Industries, Shree Cement and Shriram Transport. ...
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HinduShriram Transport plans Rs 500cr NCDEconomic TimesShriram Transport Finance has decided to raise up to Rs 500 crore through the NCD route, with an option to retain over subscription up to Rs 500 crore. ...Shriram Transport Co to enter debt marketBusiness StandardShriram Transport Finance to issue NCDs aggregating Rs. 1000 croreWheels Unplugged - Indis'a Automobile MagazineShriram Transport Finance Company to enter debt capital marketMyNews.inHindu -Reuters India -Business Standardall 20 news articles »
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