Shriram City Union Finance moves up on inking pact with Hero Electric
Shriram City Union Finance is currently trading at Rs. 1814.50, up by 13.70 points or 0.76% from its previous closing of Rs. 1800.80 on the BSE.
The scrip opened at Rs. 1794.05 and has touched a high and low of Rs. 1821.40 and Rs. 1789.75 respectively. So far 124 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2600.00 on 14-Sep-2021 and a 52 week low of Rs. 975.05 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 1828.75 and Rs. 1750.25 respectively. The current market cap of the company is Rs. 11953.08 crore.
The promoters holding in the company stood at 34.60%, while Institutions and Non-Institutions held 32.60% and 32.80% respectively.
Shriram City Union Finance has partnered with Hero Electric to facilitate loan schemes for electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions. The partnership will also enable customers to avail fully digital and paperless loan procedures with on-the-go financing options available 24 hours across the country.
Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.