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Tag Archives: Matter

Shriram Transport Finance stock up 9% post-clarification on SVL loan matter

By Loknath Das
July 5, 2018
in :  Finance
Comments Off on Shriram Transport Finance stock up 9% post-clarification on SVL loan matter

Shriram Transport Finance Corporation share price rebounded 9 percent after the company’s clarification note on SVL loan soothed investors’ sentiment. The stock had fallen 12 percent in previous session as investors had turned cautious of a guarantee of Rs 870 crore provided by the firm for its unlisted subsidiary. Shriram Transport Finance Corporation issued clarification note yesterday, saying SVL Limited, its …

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