Shriram Automall India Limited (SAMIL), India's OneStop Destination for exchange of Pre-owned Vehicles & Equipment, inaugurated its Nagpur Automall Facility on 22nd March 2016. Automall is the biggest facilities in the Central zone and is in line with the aggressive expansion plans of the company. Spread across a sprawling 7.50 acres of land, the Nagpur Automall is located at one of the most prime locations on the Nagpur-Amravati Highway. The Automall promises complete solutions to the pre-owned vehicles and equipment related needs of transporters, contractors, dealerships, manufacturers and individual buyers and sellers in Nagpur and nearby locations.
"The success of already established 4 Automalls in Central Zone has reinforced the firm presence of the company. We are all set to strengthen the trust of customers in the services through the transparent approach and organized bidding process. Nagpur as the market has the high demand of used passenger vehicles, commercial vehicles and Heavy Commercial Vehicles and Shriram Automall will serve the demands with its fair and organized platform. Also the location is chosen wisely as it is on the highway & has good number of connecting villages around", said Mr. Sameer Malhotra, CEO Shriram Automall.
People from across the locations of Wadi, Digdoh, Hudkeshwar, Amravati, Wardha and Koradiregion will be reaping benefits of Shriram Automall's Holistic services and unique platforms for easily disposing and acquiring vehicles.
In conjunction with the inauguration ceremony, a live bidding event was also held at the Nagpur Automall where over 150 vehicles & construction equipment were displayed on the ramp for the customers to bid on. As a part of Shriram Automall's CSR initiative the company distributed 10 scholarship cheques and 10 DYT cards to its customers. Moreover, health checkup camp was organized free of cost for all customers.
Shares of SHRIRAM TRANSPORT FINANCE CO.LTD. was last trading in BSE at Rs.906.3 as compared to the previous close of Rs. 932.85. The total number of shares traded during the day was 19198 in over 1116 trades.
The stock hit an intraday high of Rs. 935 and intraday low of 901. The net turnover during the day was Rs. 17636115.