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Shriram Transport Finance Corporation (STFC), which already has Rs25 billion of construction equipment based assets, is looking at this segment as a strong additional growth driver. It has formed a 100% subsidiary for the same and expects its book size to reach Rs75 billion in about three years. It’s lending model will be about 50:50 [...]
Tagged as: Free Share Tips, Prabhudas Lilladher, Shriram Transport
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Shriram Transport Finance (SHTF) is all set to capitalize on the revival in demand for new/pre-owned CVs over the next three years. Recently launched fee-based initiatives will fortify the company’s position in its core business while higher securitisation and tighter control on operating expenses will help maintain RoE at ~28-30%. We are increasing our PAT [...]
Tagged as: Free Share Tips, Shriram Transport
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