Technical and Sentimental analysis of SRTRANSFIN share price on 31st May 2021

SRTRANSFIN share price analysis

SRTRANSFIN forms Bearish Engulfing candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares
Book Profit

RSI indicates Neutral zone

RSI(14) value is 63.15, which is between 20, 80 and indicates Neutral zone. just hold your shares
Neutral

Recent brokerage reports

Broker Date Price on reported date Recommendation Target price Current price Target %Change Current %Change Possible %Change
HDFC Securities 2021/05/03 1298.85 Accumulate 1441 1426.3 10.94% 9.81% 1.03%
Nirmal Bang Institutional 2021/05/03 1298.85 Buy 1732 1426.3 33.35% 9.81% 21.43%
Prabhudas Lilladhar 2021/03/25 1420.6 Accumulate 1492 1426.3 5.03% 0.4% 4.61%
Nirmal Bang Institutional 2021/01/31 1332 Buy 1490 1426.3 11.86% 7.08% 4.47%
Buy - 4 ...... Sell - 0 ..... Hold - 0 1538.75 1426.3 15.3% 6.78% 7.89%

Recent news

Date Description
2021-05-28 Northern Arc completes Rs 350 cr MLD for Shriram Transport Finance
2021-05-04 Shriram Transport Finance aims 10-12% AUM growth in fiscal year 22
2021-05-03 Brokers call: Shriram Transport Fin: (Add )
2021-05-02 Shriram Transport Finances Q4 results fail to cheer Street
2021-05-01 Shriram Transport Finance Q4 Review - Strong Disbursement Growth; Stable Asset Quality: Motilal Oswal
2021-04-30 Shriram Transport Finances Q4 PAT trebles to Rs755cr, NII rises to Rs2,151cr
2021-04-30 What led to 238% jump in STFCs Q4 PAT year-on-year Umesh Revankar answers
2021-04-30 Shriram Transport Finance Company consolidated net profit rises 237.29% in the March 2021 quarter
2021-04-29 Shriram Transport Q4 jumps 238% to 755 crore
2021-04-29 Shriram Transport net profit jumps 238% to Rs755 crore in March quarter
2021-04-29 Board of Shriram Transport Finance Company approves resources mobilisation plan for FY22
2021-04-29 BRIEF-Indias Shriram Transport Finance March-Qtr Profit Rises
2021-04-28 NBFCs may not see much impact of second wave of COVID-19; pent-up demand to help
2021-04-22 Shriram Transport Finance Company to consider resource mobilisation plan for FY22
2021-04-21 These 10 Stocks Have Gained Over 10% In Each Of The Last 3 Months
2021-03-31 CARE revises Stable outlook from Negative on Shriram Transport Finances instruments
2021-03-30 Shriram Transport Finance Company receives reaffirmation in credit ratings
2021-03-30 Shriram Transport Finance Company to consider fund raising via debt issuance
2021-03-29 BRIEF-Indias Shriram Transport Finance Says To Consider Fund Raising By Issue Of Redeemable Non-Convertible Debt Securities
2021-03-26 Shriram Transport Finance approves issuance of $225M Notes; Stock climbs over 2%

Summary

After analysing Technicals, Brokerage reports and News, we recommend
Book Profit

Comments

Popular posts from this blog

Technical and Sentimental analysis of BANKBARODA share price on 12th August 2021

OverBought and OverSold stocks on 04th May 2021

OverBought and OverSold stocks on 05th May 2021