In this edition, we have reviewed Shriram Transport Finance Company and Trent Ltd. We suggest our readerinvestors to HOLD in Shriram Transport Finance Company and Trent Ltd.
We had recommended Shriram Transport Finance Company Ltd (STFCL) in volume 33, issue no. 17, dated July 23-Aug 5, 2018, under the ‘Analysis’ segment. The stock was trading at Rs. 1,235.85 then and was recommended owing to robust growth in AUMs and stabilising asset quality.
STFCL is one of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks and small truck owners (STOs).The services offered by the company
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