Shriram Finance shares decline 2% after profit booking
pre-market1 source ↓written by the desknot a recommendation
- Shriram Finance fell
- 2%
- as investors engaged
- 26 Dec
- of ₹983.7
- 52-week high
- stake acquisition
- ₹39,600 cr
Shares of Shriram Finance fell 2% on 26 Dec as investors engaged in profit booking after a six-day rally. The stock reached a 52-week high of ₹983.7 before dropping to ₹957.30. This decline follows the announcement of a ₹39,600 cr stake acquisition by MUFG Bank, marking a significant FDI in India's financial sector.
Not investment advice. For informational purposes only.