Sundaram Finance shares climbed 1.19%, trading at ₹4142.55, gaining ₹48.90 over the previous close of ₹4093.65 on the BSE. The stock opened at ₹4124.95, reaching a high of ₹4189.00 and a low of ₹4034.20 during the session, with 401 shares exchanged.

The BSE group 'B' stock, with a face value of ₹10, has recorded a 52-week high of ₹5528.85 (September 27, 2024) and a low of ₹3104.45 (November 24, 2023). Over the past week, its range has been ₹4350.00 to ₹4034.20. The company currently holds a market capitalization of ₹45,482.03 crore, with promoters owning 37.23%, and Institutions and Non-Institutions holding 26.44% and 36.33%, respectively.

Sundaram Finance's subsidiary, Sundaram Home Finance, plans to expand its footprint in tier-III towns of western Tamil Nadu under its 'Emerging Business' (EB) vertical. With over 15 branches in the region, including six under this segment, the company aims to disburse ₹500 crore within 12-18 months, with ₹50 crore allocated to the EB vertical.

Apart from housing finance, Sundaram Finance has diversified operations in Mutual Funds, General Insurance, IT services, BPO, and retail distribution of financial products.