Sundaram Finance is currently trading at Rs. 4491.60, up by 14.30 points or 0.32% from its previous closing of Rs. 4477.30 on the BSE.

The scrip opened at Rs. 4459.00 and has touched a high and low of Rs. 4526.00 and Rs. 4458.00 respectively. So far 1017 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 5528.85 on 27-Sep-2024 and a 52 week low of Rs. 3940.85 on 02-Dec-2024.

Last one week high and low of the scrip stood at Rs. 4557.00 and Rs. 4310.95 respectively. The current market cap of the company is Rs. 50113.95 crore.

The promoters holding in the company stood at 37.22%, while Institutions and Non-Institutions held 26.63% and 36.15% respectively.

Sundaram Finance’s wholly-owned subsidiary -- Sundaram Home Finance has made its foray into Karnataka market and aims to make disbursements of Rs 60 crore during the first year of its operations, under the Emerging Business segment in the state. During the first phase of expansion, the company plans to set up 8-10 emerging business branches in Tier II and III towns in Karnataka. 

The company has over 50 branches in Tamil Nadu and Andhra Pradesh under the Emerging Business segment. Last year, the company disbursed Rs 200 crore under this category. The Emerging Business vertical of the company comprises small business loans of up to Rs 20 lakh and affordable housing finance, where the company offers loans up to Rs 40 lakh.

Sundaram Finance has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.