Why Shriram Transport Finance Is Down?

What is the minimum period of STFC Rd?

12 monthsYou can open a recurring deposit with the Company for a minimum tenure of 12 months to maximum tenure of 60 months..

Is Bajaj finance a good buy?

There is also an annual report that the company has come out with where there are some concerns on the asset quality side but overall, given the incremental data points that we are seeing, with this being a high beta stock, people definitely would want to buy this. It has run up a bit; so it might cool off.

Which share is best to buy now?

HOT STOCKS – BEST STOCKS TO BUY TODAYComapny nameCREATE DATE/TIMELTP ChgUPL1/16/2020 12:47 PM497.30Sun Pharma.Inds.1/16/2020 12:47 PM512.90Kotak Mah. Bank1/16/2020 12:47 PM1319.85

What is the interest rate of Shriram Finance?

7.53% 7.78%STFC offers FD schemes at attractive interest rates ranging between 7.60% p.a. and 8.50% p.a. for cumulative deposits and between 7.34% to 8.50% for non-cumulative deposits….STFC FD interest rates: Monthly payout.TenureRate of interest on Cumulative FD (p.a)Senior Citizens (p.a)2 years7.53%7.78%2 more rows

Is Bajaj Finance safe?

Bajaj Finance FD carries FAAA rating by CRISIL and MAAA rating by ICRA, which indicate the highest safety for your capital. Financiers with the highest stability ratings imply a safe investment environment, and ensure that you get your returns in a timely manner, without any default on the part of the issuer.

How can I get loan from Shriram chits?

You can apply for Shriram Capital Union Finance online. Login the registration page and enter the required details. Both existing and new customer can apply for personal loan online.

How do I buy debentures?

You need to have the usual trading and a demat account to buy a non convertible debenture (NCD). The process to buy a NCD is the same as that for a share. You log into your trading account or ask your broker to buy you an NCD on your behalf. The manner in which you buy and the brokerage is the same as that for shares.

What does rights issue mean?

A rights issue is a way by which a listed company can raise additional capital. However, instead of going to the public, the company gives its existing shareholders the right to subscribe to newly issued shares in proportion to their existing holdings.

How safe is Shriram Transport NCD?

The Shriram Transport Finance NCDs have been rated ‘CARE AA+; Stable’ by CARE Ratings, ‘CRISIL AA+/Stable’ by CRISIL Limited and ‘IND AA+: Outlook Stable’ by India Ratings and Research Private Limited.

Should I buy Shriram Transport share?

Shriram Transport Finance is well-placed in terms of liquidity, with 9–10% of the balance sheet being liquid assets. The brokerage says the rights issue of Rs 15 billion would improve the leverage ratio and provide confidence to debt investors and rating agencies.

Is Bajaj finance a bank?

Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian non-banking financial company (NBFC). The company deals in Consumer Finance, SME (Small and Medium-sized Enterprises) and Commercial Lending, and Wealth Management.

Which bank is safe in India?

State Bank of India2) State Bank of India With over Rs30 Trillion assets under management, it is easily the largest Bank in the country and hence also the safest bank in India. It is more than 2.5 times bigger than the runner up i.e. ICICI Bank.

Is Shriram Transport Finance safe?

The Shriram Transport Finance Company fixed deposits are rated FAAA / Stable by CRISIL, indicating high degree of safety and ‘MAA+ / with Stable Outlook’ by ICRA indicating high credit quality. One may either invest through physical application form or through the company website.

What is Srtrans?

Shriram Transport Finance Company – RE Ltd. BSE: 0 | NSE: SRTRANS-RE | Shares falling in the `Trade-to-Trade` or `T-segment` are traded in this series and no intraday is allowed. This means trades can only be settled by accepting or giving the delivery of shares.

Which company FD is best?

Top 10 High-paying Interest Rates FD CompanysTop 10 Company FD ratesCompanyCRISIL/ICRA RatingMaximum FD rate(per annum)Mahindra Finance Ltd.CRISIL FAAA6.45%Shriram Transport Finance LtdCRISIL FAAA8.40%Shriram City Union Finance LtdICRA MAA+8.40%4 more rows

What is NCD?

Non-convertible debentures(NCDs) are a financial instrument that is used by companies to raise long-term capital. This is done through a public issue. NCDs are a debt instrument with a fixed tenure and people who invest in these receive regular interest at a certain rate.