Is Shriram Transport Finance a good buy?

Is Shriram Transport Finance Company Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shriram Transport Finance Company Ltd is a average quality company.

Who is the owner of Sriram finance?

Shriram Group is an Indian conglomerate headquartered in Chennai. It was founded on 5 April 1974 by R. Thyagarajan, AVS Raja and T. Jayaraman….Shriram Group.

Type Conglomerate
Founded 5 April 1974 in Chennai, Tamil Nadu, India
Headquarters Chennai, Tamil Nadu, India
Area served India
Key people R. Thyagarajan (Chairman)

What is the rating of Shriram Transport Finance?

CRISIL AA+/Stable
STFCL is the largest CV financier in the country with assets under management (AUM) of Rs 117,242 crore as on March 31, 2021, up ~7% Y-o-Y….Rating Rationale.

Total Bank Loan Facilities Rated Rs.36243 Crore
Long Term Rating CRISIL AA+/Stable (Reaffirmed)
Short Term Rating CRISIL A1+ (Reaffirmed)

Is Shriram Transport is large cap?

Shriram Transport Finance Company Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 33574.20 Crore) operating in NBFC sector.

Is Shriram City Union Finance FD safe?

Highest Degree of Safety Shriram City FD has the most credible rating, which resonates with the brand name of Shriram City Union Finance. Its fixed deposit has “FAAA/stable” conferred by CRISIL, whereas ICRA has conferred the “MAA+/stable” rating.

Is Shriram a good builder?

The overall rating of Shriram Properties is 3.6, with Job Security being rated at the top and given a rating of 3.5. However, Work-Life balance is rated the lowest at 2.8.

What is the meaning of FAAA rating?

FAAA (“F Triple A”) Highest Safety. This rating indicates that the degree of safety regarding timely payment of interest and principal is very strong. FAA (“F Double A”) High Safety. This rating indicates that the degree of safety regarding timely payment of interest and principal is strong.

Which is the largest NBFC in India?

Bajaj Finance Ltd | Largest NBFC in India It is a subsidiary of Bajaj Finserv Ltd. and is engaged in the business of lending. It is the Largest NBFC Finance Companies in India based on Turnover.

Which bank has highest FD rates in 2021?

Best FD Rates in India among Top 10 Banks

  • IDFC Bank offers the highest FD interest rate of 6.25% p.a. which is for a tenure of 5 years and above for the general public.
  • The second highest interest rate is 5.75% p.a. which is offered by Axis Bank for a tenure of 5 years and above.