When the IL&FS crisis hit in late 2018, India’s NBFC sector was thrown into disarray. Liquidity dried up, credit growth stalled, and confidence in shadow banks took a big hit. Shriram Transport Finance, then focused mostly on used commercial vehicle (CV) loans, was no exception. The stock dropped sharply, not just because of refinancing worries
Shriram Finance share price plummeted 8.5 per cent to hit an intraday low of ₹600 on the BSE on Monday despite posting strong numbers during the March 2025 quarter results. The company posted a 10% year-on-year (YoY) increase in standalone net profit to ₹2,139 crore for the quarter ended March 2025, driven by robust disbursements
Here’s a quick look at stocks likely to be in focus in today’s trade. Bajaj Finance reported a strong performance for the fourth quarter of FY25, with its assets under management (AUM) rising 26 percent year-on-year to ₹4.17 lakh crore as of March 31, 2025. The company added approximately ₹18,700 crore to its AUM during