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Sundaram Finance is currently trading at Rs. 2240.30, up by 8.20 points or 0.37% from its previous closing of Rs. 2232.10 on the BSE.

The scrip opened at Rs. 2228.80 and has touched a high and low of Rs. 2240.30 and Rs. 2218.90 respectively. So far 52 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2443.50 on 19-Oct-2022 and a 52 week low of Rs. 1557.10 on 30-May-2022.

Last one week high and low of the scrip stood at Rs. 2301.50 and Rs. 2214.05 respectively. The current market cap of the company is Rs. 24864.49 crore.

The promoters holding in the company stood at 38.49%, while Institutions and Non-Institutions held 24.49% and 37.02% respectively.

Sundaram Finance’s wholly-owned subsidiary -- Sundaram Home Finance has revised the interest rates on term deposits with effect from Thursday, March 16, 2023. As a result, the interest rates for senior citizens on deposits of 12 months would be 7.95 per cent as against the earlier 7.70 per cent. For deposits of two to five years, the interest rates have been hiked to 8.25 per cent as compared to 8 per cent.

For individuals other than senior citizens, the company revised the interest rates to 7.45 per cent from the earlier 7.20 per cent on deposits of 12 months, 7.75 per cent on deposits of two and three years as compared to 7.50 per cent.

On deposits of four and five years, interest rates have been increased to 7.90 per cent from the earlier 7.65 per cent. For trusts, the interest rates increased to 7.45 per cent (from earlier 7.20 per cent) on one year deposits and 7.75 per cent from the current 7.50 per cent on two year deposits.

Sundaram Finance has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.