Shriram Finance Ltd (SHRIRAMFIN)

Shriram Finance Announces Final Dividend - 23 Jul, 2024

Shriram Finance Limited has announced a final dividend of Rs 15 per share with an ex-date of July 23.

Shriram Finance Expects Govt Focus on Infrastructure and MSMEs in Upcoming Budget - 22 Jul, 2024

Umesh Revankar, Executive Vice Chairman at Shriram Finance Ltd, expects the Indian government to continue its focus on infrastructure development and the MSME sector in the upcoming budget. He believes that improvements in logistics will make manufacturing in India more affordable and globally competitive.

Shriram Finance Ltd Stock Shows Strong Breakout - 19 Jul, 2024

The Shriram Finance Ltd stock has broken out above its swing high resistance mark and is re-testing its anchor VWAP support zone. With rising volumes, the stock could reach targets of 2950.00 and above with a stoploss at 2800.00.

Shriram Finance Stock Shows Signs of Trend Reversal - 16 Jul, 2024

Technical analysis suggests that Shriram Finance has broken out of a downward sloping channel on the upside, indicating trend reversal. The daily momentum indicator reaching the equilibrium line also suggests consolidation has matured and can start a new cycle. Analysts expect the stock to reach levels of Rs 2,990 – Rs 3,059 from a short-term perspective with a stop loss of Rs 2,800 for long positions.

Shriram Finance Ltd Stock Trades 1.47% Up - 15 Jul, 2024

Shares of Shriram Finance Ltd traded 1.47% up at Rs 2834.9 on Monday, with a price-to-earnings ratio of 14.45 and EPS value of 196.02. The company reported consolidated sales of Rs 9918.3 crore for the quarter ended March 31, 2024, up 6.58% from the previous quarter. Promoters held 25.42% stake in the company as of March 31, 2024.

Shriram Finance Ltd Sees Potential Boost in Agricultural Sales - 11 Jul, 2024

Shriram Finance Limited's Shriram Mobility Bulletin provides an overview of India's automotive and logistics sectors. The company sees potential for a boost in agricultural, trailer, and commercial tractor sales during the ongoing Kharif season.

Shriram Finance's Growth Prospects Remain Strong - 06 Jul, 2024

Analysts remain confident in Shriram Finance's growth prospects following its merger with Shriram Capital, Shriram Transport Finance Company and Shriram City Union Finance. The company aims to achieve a 19% CAGR in profit after tax from FY24 to FY26, translating into an RoE of 17% by FY26.

Shriram Finance Ltd's Shares Up 76% in Last Year - 27 Jun, 2024

Shriram Finance Ltd's shares have seen a significant increase of 76% in the last year, but its P/E ratio of 15.2x is lower than the market, indicating limited future growth expectations from investors.

Shriram Finance Ltd Rises for Fifth Straight Session - 26 Jun, 2024

Shriram Finance Ltd stock has risen 1.36% to Rs 3030.55 on the NSE, while the benchmark NIFTY is up around 0.52%. The company's shares have risen by 27.33% in the last month with a PE of 15.65 based on TTM earnings ending March 24.

Shriram Finance Stock Hits 52-Week High - 25 Jun, 2024

Shriram Finance's stock rose by 4% to reach a 52-week high of Rs 2,999 following positive comments from the company's executives regarding expected growth in the MSME, passenger vehicle, and gold loan segments. The MD and CEO also expressed optimism about strong growth numbers in Q3 and Q4 of FY25.