Sundaram Finance spurted 6.90% to Rs 620 at
The stock hit a high of Rs 668.95 and a low of Rs 522.05 so far during the day. The stock had a 52-week high of Rs 914.80 on
The company’s current equity is Rs 27.78 crore. Face value per share is Rs 10.
The current price of Rs 620 discounts its Q3 December 2007 annualised EPS of Rs 170.80, by a PE multiple of 3.63.
Sundaram Finance’s net profit rose 423.7% to Rs 118.62 crore on 97.3% rise in operating income to Rs 337.63 crore in Q3 December 2007 over Q3 December 2006.
Sundaram Finance is engaged in providing financial services. The activities of the group span savings products like deposits and mutual funds, car and commercial vehicle finance, insurance, home loans, software solutions, business process outsourcing, tyre finance, fleet cards and logistics services.
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