The stock has a PE multiple of 13.34 and an ROE of 13.64 per cent.

Now that the effects of the pandemic are waning, Umesh Revankar, Vice Chairman and Managing Director, Shriram Transport Finance Company Ltd., is of the opinion that the non-banking financial sector (NBFC) will witness good growth once the current geopolitical scenario stabilises

Technically, the stock will be back into the reckoning mode on any close above its biggest hurdle of Rs 1,240. 

Umesh Revankar, VC and MD, Shriram Transport Finance breaks down the finer points and the impact of Budget-2022 on India's growth story.