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Shriram Finance Ltd Share Price (SHRIRAMFIN)

₹2395.21.67%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Shriram Finance Ltd

Key events for Shriram Finance Ltd

  • Mirae Asset Initiates Coverage on Shriram Finance with Buy Rating - 21 Feb, 2024

    Mirae Asset Capital has initiated coverage on Shriram Finance with a buy rating and a target price of Rs 2,880, implying an upside potential of 20%. The company reported consolidated sales of Rs 9305.75 crore for the latest quarter, while its stock traded up by 1.27%.

  • Shriram Finance Ltd Up 0.26% on NSE - 19 Feb, 2024

    Shriram Finance Ltd is trading at Rs 2455.7, up 0.26% on the day and has gained 98.49% in the last year compared to a 24.19% jump in NIFTY and a 12.87% jump in the Nifty Financial Services.

  • Shriram Finance Ltd Up 1.51% on NSE - 15 Feb, 2024

    Shriram Finance Ltd is up 1.51% on the NSE, trading at Rs 2429.45. The stock has seen a significant increase of 93.01% in the last year compared to a 21.22% spurt in NIFTY and a 9.4% spurt in the Nifty Financial Services index. The PE ratio stands at 13.72 based on TTM earnings ending December 23.

  • Shriram Finance Declares Second Interim Dividend - 06 Feb, 2024

    Shriram Finance has declared a second interim dividend of ₹10.00 per equity share for the Financial Year 2023-24, with a record date of February 06, 2024, and payout on or before February 23, 2024.

  • Steady Performance of Shriram Finance Ltd in NBFC Space - 31 Jan, 2024

    Shriram Finance has been a stable performer within the NBFC space, with a steady move in the form of higher highs-lows in the last few months.

  • Shriram Finance Stock Trades Higher; Analyst Recommends Buying Opportunity - 30 Jan, 2024

    Shriram Finance stock gains 2.94% to trade at Rs 2480.05. An analyst recommends a buying opportunity with a target of Rs 2,460-2,525. The company reports an increase in consolidated sales for Q3 FY23.

  • Shriram Finance Reports Strong Q3 Results - 29 Jan, 2024

    Shriram Finance's Q3 FY24 results show marginal increase in net profit, NIM expansion, and improvement in asset quality. Stock gains 4.01%.

  • Shriram Finance Targets 20% AUM Growth - 28 Jan, 2024

    Shriram Finance, one of India's largest retail non-banking financial companies, is targeting a 20% growth in assets under management (AUM) for the current fiscal year and has given guidance of 15% growth for FY25.

  • Shriram Finance Q3 2024 Earnings Report - 27 Jan, 2024

    Shriram Finance reports Q3 2024 earnings with an EPS of ₹49.70, up from ₹48.27 in Q3 2023. Revenue increased by 52% YoY to ₹54.1b, while net income increased by 3.7% YoY to ₹18.7b. However, profit margin decreased from 51% to 35% due to higher expenses.

  • Shriram Finance Reports Marginal Rise in Net Profit - 25 Jan, 2024

    Shriram Finance reported a 2.3% YoY growth in net profit and a marginal rise of 4% in consolidated net profit for Q3 FY23-24. Gross NPA ratio fell to 5.66%.

Analyst Rating for Shriram Finance Ltd stock

based on 30 analysts

BUY
96.67%
Buy
0.00%
Hold
3.33%
Sell

Based on 30 analysts offering long term price targets for Shriram Finance Ltd. An average target of ₹2670.13

Source: S&P Global Market Intelligence

Shriram Finance Ltd share Performance

  • ₹2333.05
    ₹2399.7
    ₹2395.2
    downward going graph

    2.59%

    Downside

    Day's Volatility:2.78%

    Upside

    0.19%

    downward going graph
  • ₹1190
    ₹2496.55
    ₹2395.2
    downward going graph

    50.32%

    Downside

    52 Weeks Volatility:54.55%

    Upside

    4.23%

    downward going graph
1 Month Return3.35 %
3 Month Return19.16 %
1 Year Return95.02 %
Previous Close₹2,355.95
Open₹2,359.10
Volume5.14L
Market Cap₹88,515.34Cr

Shriram Finance Ltd Company Information

Shriram Finance Ltd is a leading financial services company incorporated in 1986. It is a part of the Shriram Group, one of India's most respected business houses.

Shriram Finance Ltd provides a wide range of financial services, including retail finance, commercial vehicle finance, housing finance, equipment finance, and microfinance. Its top products include two-wheeler loans, used car loans, tractor loans, and home loans. The company also offers a range of popular brands, such as Shriram City Union Finance, Shriram Transport Finance, Shriram Automall, and Shriram Housing Finance.

Share Price: ₹2395.20 per share as on 22 Feb, 2024 04:01 PM
Market Capitalisation: ₹88,515.34Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹1,872.37Cr as on December 2023 (Q4 23)
Listing date: 18 Sep, 1996
Chairperson Name: Jugal Kishore Mohapatra
OrganisationShriram Finance Ltd
HeadquartersMumbai
IndustryFinance
E-voting on sharesClick here to vote

Fundamentals of Shriram Finance Ltd

Insights on Shriram Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 1.28K Cr → 1.86K Cr (in ₹), with an average increase of 11.2% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 4.70% to 4.83% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 13 quarters, 4.44K Cr → 9.30K Cr (in ₹), with an average increase of 5.7% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.57% to 10.97% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SHRIRAMFIN has outperformed top 5 stocks with highest market-cap in Consumer Lending

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 105.3% return, outperforming this stock by 32.1%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, SHRIRAMFIN stock has moved down by -3.4%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 54.67% to 53.96% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 25.45% to 25.43% in Dec 2023 quarter

Shriram Finance Ltd Valuation

Shriram Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.38x)

March 23, 2020

Today (13.32x)

February 21, 2024

Industry (29.85x)

February 21, 2024

Highest (36.15x)

April 26, 2018

LowHigh

Shriram Finance Ltd Mutual Fund Holdings

Funds Holdings
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth1.27%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth1.02%
Mirae Asset Large & Midcap Fund Direct Plan GrowthMirae Asset Large & Midcap Fund Direct Plan Growth0.97%
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth0.84%
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth1.18%

Shriram Finance Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
25.43%
-0.07
Foreign Institutions
53.96%
-1.29
Mutual Funds
10.97%
14.59
Retail Investors
4.83%
2.61
Others
4.81%
-14.20

Technicals of Shriram Finance Ltd share

News & Events of Shriram Finance Ltd

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Shriram Finance Ltd (SHRIRAMFIN) share price today is ₹2395.2

Shriram Finance Ltd is listed on NSE

Shriram Finance Ltd is listed on BSE

  • Today’s highest price of Shriram Finance Ltd is ₹2399.7.
  • Today’s lowest price of Shriram Finance Ltd is ₹2333.05.

PE Ratio of Shriram Finance Ltd is 13.32

PE ratio = Shriram Finance Ltd Market price per share / Shriram Finance Ltd Earnings per share

Today’s traded volume of Shriram Finance Ltd(SHRIRAMFIN) is 5.14L.

Today’s market capitalisation of Shriram Finance Ltd(SHRIRAMFIN) is ₹88515.34Cr.

Shriram Finance Ltd(SHRIRAMFINPrice
52 Week High
₹2496.55
52 Week Low
₹1190

Shriram Finance Ltd(SHRIRAMFIN) share price is ₹2395.2. It is down -4.06% from its 52 Week High price of ₹2496.55

Shriram Finance Ltd(SHRIRAMFIN) share price is ₹2395.2. It is up 101.28% from its 52 Week Low price of ₹1190

Shriram Finance Ltd(SHRIRAMFINReturns
1 Day Returns
39.25%
1 Month Returns
3.35%
3 Month Returns
19.16%
1 Year Returns
95.02%