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About Salem Erode Investments Ltd
Stock PE (TTM)
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Salem Erode Investments Limited was originally incorporated as Salem Erode Electricity Distribution Limited on May 16, 1931 as a public limited company with the Registrar of Companies, West Bengal. Subsequently, the name of the Company was changed to Salem Erode Tea & Investment Co. Limited in 1975 and to Salem Erode Investment Limited in 1992. The fresh Certificate of Incorporation was issued dated 24 July 1992. Company is a Non-Banking Financial Company (NBFC) specializing in gold loan financing. It deals in shares, stocks, debentures and securities issued by Government of India and Companies incorporated in India. The Company lends money with or without security. The Company was incorporated to acquire tea gardens, grow, raise, tend and cultivate tea, coffee, cinchona, rubber and carry on the business of tea planters in all its branches, to carry on and work the business of cultivators, winners and buyers of every kind of vegetable, other produce of the soil, to prepare manufacture and render marketable any such produce, and to sell, dispose of and deal in any such produce, either in its prepared, manufactured or raw state, and either by wholesale or retail. The Company was acquired by ICL Fincorp Limited on 17 February, 2020. The Company opened 8 new branches thus summing up to a total of 12 branches in South India in 2022. Further, it opened 4 more branches in Kanyakumari district of Tamil Nadu in 2023. During FY 2024-25, Company operated 38 strategically located branches across the key states of Tamil Nadu and Odisha. It opened 6 new branches during the year.
Salem Erode Investments share price as on 12 Apr 2026 is Rs. 39.5. Over the past 6 months, the Salem Erode Investments share price has decreased by 1.64% and in the last one year, it has decreased by 11.63%. The 52-week low for Salem Erode Investments share price was Rs. 29 and 52-week high was Rs. 66.45.
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Salem Erode Investments Ltd FAQs
You can buy Salem Erode Investments Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Salem Erode Investments Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 10, 2026 04:01 PM the closing price of Salem Erode Investments Ltd was Rs.39.50.
The latest PE ratio of Salem Erode Investments Ltd as of Apr 10, 2026 04:01 PM is -9.73
The latest PB ratio of Salem Erode Investments Ltd as of Apr 10, 2026 04:01 PM is 2.63
The 52-week high of Salem Erode Investments Ltd share price is Rs. 66.45 while the 52-week low is Rs. 29.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Apr 10, 2026 04:01 PM, the market cap of Salem Erode Investments Ltd stood at Rs. 45.29 Cr.
Market Outlook
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