The block deal constituted 0.19% of the company's equity.
Meanwhile, the BSE Sensex was down 413.07 points, or 2.92%, 13,757.38.
On BSE, 4.28 lakh shares were traded in the counter. The stock had an average daily volume of 1.01 lakh shares in the past one quarter.
The stock hit a high of Rs 315 and a low of Rs 295 so far during the day. The stock hit a 52-week high of Rs 357 on 12 August 2008 and a 52-week low of Rs 150 on 10 February 2009.
The mid-cap stock had outperformed the market over the past one month till 7 July 2009, rising 0.37% as compared to the Sensex's 3.38% fall. It had also outperformed the market in the past one quarter, surging 62.39% as compared to the Sensex's return of 31.91%.
The company's current equity is Rs 211.55 crore. Face value per share is Rs 10.
The current price of Rs 300 discounts the company's Q4 March 2009 annualized EPS of Rs 30.23, by a PE multiple of 9.92.
Shriram Transport Finance Company's net profit rose 37.5% to Rs 153.85 crore on 28.8% increase in total income to Rs 1004.29 crore in Q4 March 2009 Q4 March 2008.
The company is the largest new and pre-owned commercial vehicle financing company in the country with a pan-India presence.