Shriram properties share price today

₹90 per share, which is around 23.70 per cent lower from its upper price band of ₹118 per equity share. After RateGain Travel Technologies shares, this is second listing at discount in less than a week time. According to stock market experts, aggressive investors can hold the counter for long-term whereas short-term investors should hold the counter with stop loss at ₹80 and exit position on any rebound in the counter. Speaking on Shriram Properties share price outlook; Ravi Singhal, Vice Chairman at GCL Securities said, "Weak listing of Shriram Properties shares can be attributed to weak global cues caused by the rising Omicron cases in India and overseas. But, the public issue was high priced that led to higher valuations of the company compared to its peers like Godrej Properties, Sobha, etc. My suggestion to investors is to exit on any possible rebound and look at other options like Godrej Properties and Sobha." Echoing with Ravi Singhal's views; Santosh Meena, Head of Research, Swastika Investmart Ltd said, “The public issue got listed at ₹90 apiece on NSE, which is a 23.73 per cent discount to the issue price of ₹118. Investors who are aggressive in their investing can hold the stock for the long term while short-term investors should take a stop loss of ₹80 on a closing basis." However, listing at around 23.70 per cent discount, the real estate stock made some recovery and made intraday high of ₹106.40 per share levels on NSE. Shriram Properties share price is curre...

Shriram Properties Ltd - Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Jun 2023 Please find enclosed a copy of the advertisement as appeared in 'Financial Express' and 'MakkalKural' on June 14, 2023, on the Postal Ballot. This is an intimation under Regulation 30 read with Schedule III (Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 Source: BSE India

Mid-market and affordable housing developer Shriram Properties will finalise the allotment of its shares for its initial public offering on December 15. The company raised Rs 600 during December 8-10. The Shriram Group company received a healthy response for its initial public offering, subscribed 4.6 times, with the retail investors’ portion booked 12.72 times. While non-institutional investors bid for 4.82 times their reserved portion, qualified institutional buyers and employees reserved shares 1.85 times and 1.25 times. Catch all the live market action here Here’s how to check the allotment status online: After the finalisation of the basis of allotment, the share allotment can be checked either on the website of the BSE or the IPO registrar. On the BSE website, follow these three steps: Select issue type (Equity), and issue name (Shriram Properties) Enter the application number and the PAN number And finally check box (I’m not a robot) and click on search button On the IPO registrar’s website, follow these steps: Select company name (Shriram Properties) Select and accordingly enter either PAN number, or application number, or DP/Client ID, or account number / IFSC And finally enter captcha and click on submit button Check out all IPO-related news here Shriram Proporties shares were trading at a premium of Rs 10 in the grey market, as per data from IPO Watch, or at 8 percent premium to the issue price of Rs 113-118. “Based on H1FY2022 numbers, the IPO is priced at a pr...

Shriram Properties is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. It is among the top five residential real estate companies in South India in terms of number of units launched between the calendar years 2012 and the third quarter of 2021 across Tier 1 cities of South India including Bengaluru, Chennai and Hyderabad. It also present in the mid-market premium and luxury housing categories as well as commercial and office space categories in its core markets. The company is part of the Shriram Group, which is a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. Its relationship with the Shriram Group provides it with strong brand recall and that it benefit, and will continue to benefit, from the trust and confidence that homebuyers, lenders, financial investors, landowners, development partners, contractors and other stakeholders place in the Shriram brand and its operational history. The company commenced operations in Bengaluru in the year 2000 and has since expanded its presence to other cities in South India, i.e., Chennai, Coimbatore and Visakhapatnam. In addition, it also has presence in Kolkata in East India, where it is developing a large mixed-use project. Bengaluru and Chennai are two key markets for it. Business area of the company The comp...

Shriram Properties Ltd. engages in the business of construction, development and sale of all housing projects. It provides financial services for commercial vehicle finance, life insurance, general insurance consumer and enterprise finance, financial product distribution, retail stock broking, and chit funds. The company offers non-financial services for industrial manufacturing, information technology, food and retail, infrastructure and energy. Shriram Properties was founded by Ramamurthy Thyagarajan in 1995 and is headquartered in Bangalore, India. NSE:SHRIRAMPPS has been trading below its resistance line for a while now and today it has broken resistance as well as 100 EMA. Long position can be taken only after candle closing above resisitance. NSE:SHRIRAMPPS has been trading below its resistance line for a while now and today it has broken resistance as well as 100 EMA. Long position can be taken only after candle closing above resisitance. NSE:SHRIRAMPPS currently in triangle pattern now Buy if candle goes above 83. Target around = 30% Else if candle moves opposite direction. Target only 5% NSE:SHRIRAMPPS currently in triangle pattern now Buy if candle goes above 83. Target around = 30% Else if candle moves opposite direction. Target only 5% *For educational purpose only . 1) trading in a falling channel pattern. 2) price is near to previous support, that has become resistance now. 3) above 75-76 no resistance till 115. 4) forming rounding bottom with cup & handle pa...

NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x) 17.56 0.97 5.49 13.58 1.81 8.72 25.95 9.68 3.88 1.37 0.53 0.00 63.94 3.31 5.49 8.34 1.69 -4.40 20.92 10.86 5.83 1.56 0.31 0.00 12.41 1.89 15.40 16.87 5.61 44.37 38.88 15.74 26.12 2.05 1.11 0.00 18.42 1.47 9.24 7.31 3.72 7.83 30.72 16.60 20.22 13.40 1.07 0.00 -2.74 1.05 -38.73 -16.47 -2.56 -11.50 -44.47 -45.39 -19.12 1.07 1.14 0.00 Add More Meeting Date Announced on Purpose Details May 29, 2023 May 23, 2023 Board Meeting Audited Results Feb 14, 2023 Feb 06, 2023 Board Meeting Quarterly Results Nov 14, 2022 Nov 09, 2022 Board Meeting Quarterly Results Aug 12, 2022 Aug 03, 2022 Board Meeting Quarterly Results Jun 13, 2022 May 10, 2022 POM - • About Shriram Properties Shriram Properties Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 1,157.46 Crore) operating in Real Estate sector. Shriram Properties Ltd. key Products/Revenue Segments include Income From Construction Work and Other Operating Revenue for the year ending 31-Mar-2022. For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 170.97 Crore, down 22.99 % from last quarter Total Income of Rs 222.01 Crore and down 27.71 % from last year same quarter Total Income of Rs 236.52 Crore. Company has reported net profit after tax of Rs 14.46 Crore in latest quarter. The company’s top management includes Mr.M Murali, Mr.S Nat...

• The company has shown a poor profit growth of -216.769569966066% for the Past 3 years. • The company has shown a poor revenue growth of -22.954769810156% for the Past 3 years. • Company has a poor ROE of -0.311978436691041% over the past 3 years. • Company has a poor ROCE of 2.14150611289776% over the past 3 years • Company has low Interest coverage ratio of -0.396690471114901. • Company has contingent liabilities of 1394.251 Cr. • Company has negative cash flow from operations of -114.458. • The company has a low EBITDA margin of -37.1216829258665% over the past 5 years. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 101.91 28.35 34.66 30.22 41.65 Total Expenditure 199.25 39.45 49.75 37.36 68.47 Operating Profit -97.34 -11.1 -15.09 -7.14 -26.83 Other Income 34.69 28.54 25.4 52.07 49.51 Interest 5.49 9.1 9.03 9.74 11.8 Depreciation 0.93 0.69 0.75 0.82 0.87 Exceptional Items 0 0 0 0 0 Profit Before Tax -69.07 7.65 0.54 34.38 10.01 Tax -16.61 0.29 -0.24 -0.15 2.34 Profit After Tax -52.46 7.36 0.78 34.53 7.67 Adjusted EPS (Rs) -3.09 0.43 0.05 2.03 0.45 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 180.5 452.31 262.9 124.56 206.86 Total Expenditure 261.7 480.38 305.82 192.77 337.87 Operating Profit -81.2 -28.07 -42.91 -68.21 -131.01 Other Income 102.3 112.79 112.16 122.21 119.3 Interest 28.2 48.07 46 47.21 37.53 Depreciation 1.5 1.59 2.17 2.89...

Shriram Properties Ltd. engages in the business of construction, development and sale of all housing projects. It provides financial services for commercial vehicle finance, life insurance, general insurance consumer and enterprise finance, financial product distribution, retail stock broking, and chit funds. The company offers non-financial services for industrial manufacturing, information technology, food and retail, infrastructure and energy. Shriram Properties was founded by Ramamurthy Thyagarajan in 1995 and is headquartered in Bangalore, India. NSE:SHRIRAMPPS has been trading below its resistance line for a while now and today it has broken resistance as well as 100 EMA. Long position can be taken only after candle closing above resisitance. NSE:SHRIRAMPPS has been trading below its resistance line for a while now and today it has broken resistance as well as 100 EMA. Long position can be taken only after candle closing above resisitance. NSE:SHRIRAMPPS currently in triangle pattern now Buy if candle goes above 83. Target around = 30% Else if candle moves opposite direction. Target only 5% NSE:SHRIRAMPPS currently in triangle pattern now Buy if candle goes above 83. Target around = 30% Else if candle moves opposite direction. Target only 5% *For educational purpose only . 1) trading in a falling channel pattern. 2) price is near to previous support, that has become resistance now. 3) above 75-76 no resistance till 115. 4) forming rounding bottom with cup & handle pa...

₹90 per share, which is around 23.70 per cent lower from its upper price band of ₹118 per equity share. After RateGain Travel Technologies shares, this is second listing at discount in less than a week time. According to stock market experts, aggressive investors can hold the counter for long-term whereas short-term investors should hold the counter with stop loss at ₹80 and exit position on any rebound in the counter. Speaking on Shriram Properties share price outlook; Ravi Singhal, Vice Chairman at GCL Securities said, "Weak listing of Shriram Properties shares can be attributed to weak global cues caused by the rising Omicron cases in India and overseas. But, the public issue was high priced that led to higher valuations of the company compared to its peers like Godrej Properties, Sobha, etc. My suggestion to investors is to exit on any possible rebound and look at other options like Godrej Properties and Sobha." Echoing with Ravi Singhal's views; Santosh Meena, Head of Research, Swastika Investmart Ltd said, “The public issue got listed at ₹90 apiece on NSE, which is a 23.73 per cent discount to the issue price of ₹118. Investors who are aggressive in their investing can hold the stock for the long term while short-term investors should take a stop loss of ₹80 on a closing basis." However, listing at around 23.70 per cent discount, the real estate stock made some recovery and made intraday high of ₹106.40 per share levels on NSE. Shriram Properties share price is curre...

Shriram Properties Ltd - Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Jun 2023 Please find enclosed a copy of the advertisement as appeared in 'Financial Express' and 'MakkalKural' on June 14, 2023, on the Postal Ballot. This is an intimation under Regulation 30 read with Schedule III (Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 Source: BSE India