Stock Crash: Shriram Finance shares fall 9% after Q4 results; analysts cut earnings estimates
Shares of Nifty 50 constituent Shriram Finance Ltd. fell as much as 9% on Monday, April 28, in reaction to its March quarter results, which had a write-off in its gross Non-Performing Assets. Shriram Finance wrote-off Gross NPA worth ₹2,345.11 crore during the March quarter. Brokerages have maintained their bullish stance on the stock, but