Shriram Asset Management Company
454.70
-22.10(-4.64%)
Market Cap₹768.74 Cr
PE Ratio-
Company Performance:
1D-4.64%
1M-10.84%
6M+16.11%
1Y-9.01%
5Y+514.46%
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More news about Shriram Asset Management Company
27May 25
Shriram AMC Welcomes Sanlam as Co-Promoter, Shares Surge 11%
Shriram Asset Management Company completed a preferential allotment of 38.89 lakh shares to Sanlam Emerging Markets, raising ₹105.00 crore. Sanlam now holds a 23.00% stake, increasing total promoter shareholding to 71.17%. The board will be reconstituted to include Sanlam representatives. Shriram AMC's shares surged 11.00% in response to the news.
28Apr 25
Shriram Asset Management Reports Widening Q4 Loss Amid Revenue Growth
Shriram Asset Management reported a net loss of ₹52.00 crore for Q4 FY2025, doubling from ₹24.00 crore in the previous year. However, revenue doubled to ₹6.00 crore. Annual results show increased expenditure leading to higher losses. The company's asset management services grew, with segment revenue rising to ₹196.87 lakhs in FY2025. A recent preferential allotment raised ₹105.00 crore, and an employee stock option plan was approved.
1 Year Returns:-9.01%
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