Shriram Finance Share Prices Trade Ex-Split: Price Dropped 80%
Posted by : sachet | Fri Jan 10 2025
Shriram Finance share prices dropped by 81% today on 10th December, to Rs. 529. The stock closed at Rs. 2,809.85 on the previous trading day. The prices opened at Rs. 566 apiece on Friday. Why did the prices fall all of a sudden today? Read to know more.
Shriram Finance Stock Split
Shriram Finance share prices have been gaining attention from investors for the past few days since the company announced a 1:5 stock split, which indicates that one share of the company will be divided into 5 shares. On 1st January 2025, the company announced 10th January 2025 as the record date for the stock split.
The 80 per cent fall in certain brokerages might show the unadjusted prices of Shriram Finance for yesterday. When adjusted for the split, the prices are trading lower by 3.18 per cent at Rs. 544.10 as of 11:20 AM.
Impact of Shriram Finance Stock Split
Shriram Finance split each of its Rs. 10 face value equity shares into 5 equity shares of Rs. 2 each. This corporate action lowered the stock price as the market price adjusted to the split. Brokerages have maintained a “buy” rating for Shriram Finance, offering a noteworthy 43% upside potential. The overall market sentiment about Shriram Finance remains optimistic, even though the prices will decline in the short term due to the stock split.
Shriram Finance Stock Performance
Over the past year, Shriram Finance stock prices have risen by 25%, with a 52-week high of Rs. 730 and a 52-week low of Rs. 439 after the stock split adjustment. However, the shares have fared poorly in the short run, dropping 3 per cent in the last 6 months, 20 per cent in the last 3 months and 13 per cent in the last 1 month. Shriram Finance’s stock price gave a multi-bagger return of 123% and 139% in the last 2 and 3 years, respectively.
This Mumbai-based non-banking finance company is part of the Shriram Group and is involved in the business of commercial vehicle (CV) financing and focuses majorly on trucks.
Shriram Finance Quarterly Results
In its Q2 FY25 announcement, Shriram Finance reported a 17.93% YoY revenue growth to Rs. 10,090 Cr. and a YoY net profit growth of 17.99% to Rs. 2,153 Cr. The company has maintained strong financial performance with an operating margin of 71.55%. The net profit margin stands at 20.33%. It also has a healthy dividend yield and dividend payout of 8.36% and 21.6%, respectively. Kotak Institutional Equities expects the company to report positive loan growth in its Q3FY25 report.
Summary
Stock splits are generally viewed positively by investors as they make the share prices more affordable for retail investors and potentially increase trading volumes. Shriram Finance’s strong fundamentals and the market’s optimism signal long-term growth potential for the company. Investors are awaiting Q3 results to assess the latest performance.
Read Our Articles on the Best Stocks
Best Cement Stocks To Invest in India
What is Earnings Per Share EPS?
Top Multibagger Penny Stocks For 2025 | Potential Picks
Fundamentally Strong Stocks on NSE in 2025
Debt-Free Penny Stocks in India 2025
Best Realty Stocks In India 2025
Debt Free Penny Stocks Below 1 Rupee
Explore More Penny Stocks to Buy.
Penny Stocks Under ₹1 As Per Market Capitalisation
| Stock | CMP (in ₹) | Market Capitalisation (in Cr.) | 52-Week High (in ₹) | 52-Week Low (in ₹) | PE Ratio |
| Grandma Trading & Agencies Ltd. | 0.68 | 9.00 | 3.52 | 0.68 | 0 |
| Sun Retail Ltd. | 0.77 | 12.00 | 1.26 | 0.65 | 10.70 |
| Vikas Proppant & Granite Ltd. | 0.49 | 25.00 | 0.75 | 0.45 | 0 |
| MFL India Ltd. | 0.70 | 25.00 | 0.99 | 0.55 | 0 |
| Future Enterprises Ltd. | 0.67 | 31.39 | 1.05 | 0.60 | 0 |
| Sanwaria Consumer Ltd. | 0.47 | 36.00 | 0.60 | 0.30 | 0 |
| Visagar Financial Services Ltd. | 0.76 | 43.79 | 1.09 | 0.70 | 0 |
| Shalimar Productions Ltd. | 0.60 | 59.10 | 0.75 | 0.49 | 120.28 |
| GV Films Ltd. | 0.72 | 145.40 | 1.15 | 0.62 | 0 |
| Filatex Fashion Ltd. | 0.74 | 641.72 | 13.95 | 0.74 | 66.82 |
Penny Stocks Under ₹5 As Per Market Capitalisation
| Stock | CMP (in ₹) | Market Capitalisation (in Cr.) | 52-Week High (in ₹) | 52-Week Low (in ₹) | PE Ratio |
| Gala Global Products Ltd. | 3.31 | 17.80 | 4.43 | 2.94 | 15.09 |
| Risa International Ltd. | 1.10 | 18.00 | 1.90 | 0.55 | 0 |
| Sylph Technologies Ltd. | 1.12 | 39.00 | 5.04 | 0.80 | 0 |
| Garment Mantra Lifestyle Ltd. | 2.39 | 49.00 | 8.79 | 2.30 | 15.16 |
| Johnson Pharmacare Ltd. | 1.14 | 63.00 | 1.44 | 0.69 | 0 |
| Kretto Syscon Ltd. | 1.19 | 74.01 | 1.59 | 0.73 | 15.27 |
| Mittal Life Style Ltd. | 2.43 | 106.98 | 3.05 | 1.50 | 41.81 |
| Excel Realty N Infra Ltd. | 1.07 | 181.98 | 1.85 | 0.40 | 79.95 |
| Vikas Ecotech Ltd. | 3.18 | 564.22 | 5.30 | 3.18 | 82.15 |
| Vikas Lifecare Ltd. | 4.23 | 786.29 | 7.64 | 4.15 | 0 |
Penny Stocks Under ₹10 As Per Market Capitalisation
| Stock | CMP (in ₹) | Market Capitalisation (in Cr.) | 52-Week High (in ₹) | 52-Week Low (in ₹) | PE Ratio |
| Gopal Iron & Steels Company Ltd. | 7.64 | 4.00 | 9.07 | 6.60 | 0 |
| Universal Arts Ltd. | 6.80 | 6.00 | 6.80 | 1.95 | 10.32 |
| Navoday Enterprises Ltd. | 9.45 | 7.00 | 10.55 | 6.65 | 25.12 |
| Ganon Products Ltd. | 8.50 | 8.00 | 17.15 | 5.20 | 0 |
| Longspur International Ventures Ltd. | 8.11 | 11.00 | 12.72 | 5.08 | 31.40 |
| FGP Ltd. | 9.70 | 11.50 | 14.15 | 5.52 | 21.69 |
| JMG Corporation Ltd. | 5.70 | 14.00 | 8.61 | 1.91 | 0 |
| Retro Green Revolution Ltd. | 9.34 | 35.00 | 15.50 | 8.24 | 85.73 |
| SRU Steels Ltd. | 8.20 | 48.90 | 15.11 | 6.01 | 0 |
| B.A.G Films and Media Ltd. | 9.96 | 196.50 | 14.60 | 7.70 | 105.78 |
Penny Stocks Under ₹20 As Per Market Capitalisation
| Stock | CMP (in ₹) | Market Capitalisation (in Cr.) | 52-Week High (in ₹) | 52-Week Low (in ₹) | PE Ratio |
| Mahalaxmi Seamless Ltd. | 14.27 | 7.00 | 14.73 | 8.65 | 18.74 |
| Promact Impex Ltd. | 13.25 | 9.00 | 18.44 | 6.91 | 11.95 |
| Manav Infra Projects Ltd. | 17.00 | 12.00 | 25.00 | 14.15 | 10.05 |
| Jagjanani Textiles Ltd. | 13.99 | 22.00 | 18.50 | 9.58 | 0 |
| Goenka Business & Finance Ltd. | 19.35 | 25.00 | 21.81 | 5.65 | 10.23 |
| Bridge Securities Ltd. | 10.37 | 35.00 | 40.24 | 3.74 | 23.14 |
| Shree Rajasthan Syntex Ltd. | 17.21 | 48.21 | 27.23 | 6.36 | 0.41 |
| Gayatri Sugar Ltd. | 13.48 | 89.75 | 27.86 | 13.29 | 0 |
| Pulsar International Ltd. | 15.47 | 109.00 | 19.18 | 6.36 | 43.19 |
| Easy Trip Planner Ltd. | 15.81 | 5,620 | 26.35 | 14.44 | 63.73 |
Penny Stocks Under ₹50 As Per Market Capitalisation
| Stock | CMP (in ₹) | Market Capitalisation (in Cr.) | 52-Week High (in ₹) | 52-Week Low (in ₹) | PE Ratio |
| Nexus Surgical and Medicare Ltd. | 27.29 | 15.00 | 28.54 | 10.95 | 37.96 |
| Octal Credit Capital Ltd. | 39.00 | 19.00 | 43.80 | 17.01 | 5.27 |
| JMJ Fintech Ltd. | 27.20 | 35.00 | 37.24 | 19.20 | 6.99 |
| Cyber Media Ltd. | 26.21 | 40.94 | 42.40 | 21.45 | 22.12 |
| Comfort Commotrade Ltd. | 45.94 | 46.00 | 48.79 | 20.56 | 1.74 |
| Aspire & Innovative Advertising Ltd. | 41.00 | 62.00 | 125.75 | 41.00 | 6.68 |
| Arnold Holdings Ltd. | 44.99 | 104.00 | 71.89 | 21.07 | 7.03 |
| KCP Sugar and Industries Corporation Ltd. | 45.44 | 507.00 | 59.97 | 32.45 | 6.19 |
| Ashima Ltd. | 32.70 | 623.00 | 49.45 | 17.33 | 6.07 |
| Hindustan Construction Company Ltd. | 38.38 | 6,890 | 55.75 | 28.80 | 14.06 |
Best Penny Stocks to Buy Now
| Stock | CMP (in ₹) | Market Capitalisation (in Cr.) | 52-Week High (in ₹) | 52-Week Low (in ₹) | PE Ratio |
| Century Extrusions Ltd. | 24.73 | 196.00 | 31.00 | 17.20 | 24.77 |
| HMA Agro Industries Ltd. | 40.40 | 1,980 | 76.75 | 39.49 | 19.79 |
| Jyoti Structures Ltd. | 28.34 | 2,520 | 40.01 | 18.95 | 92.07 |
| Motisons Jeweller Ltd. | 28.36 | 2,680 | 33.80 | 9.50 | 69.92 |
| PTC India Financial Services Ltd. | 43.75 | 2,760 | 62.75 | 33.10 | 17.72 |
| Ujjivan Small Finance Bank Ltd. | 33.95 | 6,530 | 60.00 | 32.24 | 5.61 |
| Rattan India Power Ltd. | 13.77 | 7,350 | 20.10 | 8.05 | 0.72 |
| Reliance Power Ltd. | 44.25 | 17,100 | 53.64 | 20.40 | 13.72 |
| UCO Bank Ltd. | 43.82 | 52,430 | 68.40 | 39.85 | 13.21 |
| Yes Bank Ltd. | 19.68 | 61,450 | 31.40 | 19.07 | 34.28 |
Cheap Stocks to Buy Now
| Stock | CMP (in ₹) | Market Capitalisation (in Cr.) | 52-Week High (in ₹) | 52-Week Low (in ₹) | PE Ratio |
| Davangere Sugar Company Ltd. | 5.82 | 109.60 | 11.50 | 5.01 | 40.24 |
| Inventure Growth & Securities Ltd. | 2.11 | 219.00 | 2.12 | 2.09 | 15.19 |
| Sadbhav Infrastructure Project Ltd. | 6.61 | 231.76 | 8.85 | 5.05 | 0 |
| Shah Metacorp Ltd. | 4.54 | 264.30 | 7.02 | 2.95 | 9.42 |
| GG Engineering Ltd. | 1.74 | 279.00 | 2.97 | 1.50 | 18.29 |
| KBC Global Ltd. | 1.74 | 452.29 | 2.60 | 1.58 | 0 |
| FCS Software Solutions Ltd. | 3.39 | 546.00 | 6.35 | 3.08 | 0 |
| Nandan Denim Ltd. | 5.00 | 700.60 | 65.72 | 4.76 | 13.65 |
| GVK Power & Infrastructure Ltd. | 4.83 | 761.00 | 16.35 | 4.62 | 1.38 |
| GTL Infrastructure Ltd. | 2.05 | 2,630 | 4.13 | 1.40 | 0 |
Note: Penny stocks are highly speculative investments. Do your own research before investing in these stocks.
Also Explore
Explore Current and Previous IPOs
| Company | Opening Date | Closing Date |
| Retaggio Industries Limited | 27th March 2025 | 2nd April 2025 |
| Identixweb Limited | 26th March 2025 | 28th March 2025 |
| Shree Ahimsa Natural Limited | 25th March 2025 | 27th March 2025 |
| Active Infrastructures Limited | 21st March 2025 | 25th March 2025 |
| Rapid Fleet Management Services Limited | 21st March 2025 | 25th March 2025 |
| Grand Continent Hotels Limited | 20th March 2025 | 24th March 2025 |
| Arisinfra Solutions Limited | 20th March 2025 | 25th March 2025 |
| Paradeep Parivahan Limited | 17th March 2025 | 19th March 2025 |
| Divine Hira Jewellers Limited | 17th March 2025 | 19th March 2025 |
| Super Iron Foundry Limited | 11th March 2025 | 13th March 2025 |
| PDP Shipping & Projects Limited | 10th March 2025 | 12th March 2025 |
Univest Screeners
Explore Web Stories on Univest
1. Best Time To Buy Dividend Stocks
2. How RBI Policies Affect Dividend Stocks
3. Can Dividend Stocks Beat Inflation
4. What Is The Dividend Aristocrat List
