Trending stocks: Sundaram Finance shares flat in early session

NEW DELHI: Shares of Sundaram Finance traded flat in Friday 's trade at 10:44 am.

Around 21179 shares changed hands on the counter. The stock opened at Rs 1175.4 and touched an intraday high and low of Rs 1181.1 and Rs 1150.05 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1766.25 and a 52-week low of Rs 1019.95 .

Leading non-banking finance company Sundaram Finance has appointed D Lakshminarayanan as the managing director of its subsidiary Sundaram Home Finance.

Financials
Sundaram Finance Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 13076.92 Crore) operating in NBFC sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1329.54 Crore, up 26.71 % from last quarter Sales of Rs 1049.24 Crore and down -40.10 % from last year same quarter Sales of Rs 2219.74 Crore Company has reported net profit after tax of Rs 236.30 Crore in latest quarter.

Sundaram Finance Ltd. key Products/Revenue Segments include Interest which contributed Rs 2937.88 Crore to Sales Value (86.46 % of Total Sales), Fees & Commission Income which contributed Rs 231.02 Crore to Sales Value (6.79 % of Total Sales), Income From Sale Of Share & Securities which contributed Rs 87.19 Crore to Sales Value (2.56 % of Total Sales), Lease Rentals which contributed Rs 57.09 Crore to Sales Value (1.68 % of Total Sales), Dividend which contributed Rs 33.05 Crore to Sales Value (0.97 % of Total Sales) and Income From Financial Services which contributed Rs 27.83 Crore to Sales Value (0.81 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 35.954395 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 1329.5436 crore and net profit of Rs 236.3011 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 10.89 and price to book value of 1.63 .