Shares of Shriram Finance have tumbled nearly 15 per cent in the last two sessions after the company reported a muted set of performance in the March 2025 quarter, missing the street’s estimates. Brokerage firms have cut their estimates and target prices, with some analysts downgrading the stock. However, majority of them remain positive on
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
Shriram Finance Limited, the flagship company of the Shriram Group, has received approval from the Reserve Bank of India (RBI) to acquire a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited (SIHPL), the company disclosed in a regulatory filing on Tuesday. The RBI’s approval, communicated through a