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Shriram Finance receives multiple rating upgrades from agencies

pre-market1 source ↓written by the desknot a recommendation

prices set
₹1,180
respectively
₹1,325

Shriram Finance Limited has secured rating upgrades from four major agencies, including Fitch Ratings, which upgraded its rating to BBB- from BB+ with a Stable outlook. This follows AAA ratings from ICRA, CRISIL, and India Ratings after a strategic equity infusion from MUFG Bank.

Investment banks JPMorgan and Morgan Stanley maintain positive outlooks, with target prices set at ₹1,180 and ₹1,325 respectively, indicating strong market confidence.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Sept 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SHRIRAMFIN closed +0.2% on the day of the news, from ₹1,010.00 to ₹1,011.80; Nifty +0.3% over the same session; futures OI −0.3%.

Bulletin at 07:03 IST on 20 Sept 2026. Every change is measured from ₹1,010.00, the last close before it, on 18 Sept. Nifty 50 is measured over the same sessions.

  • SHRIRAMFIN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SHRIRAMFIN closes around the bulletin against the close before the news, with Nifty 50 rebased to it900.1110101120axis spans 24%before the news · 18 Sept1010Nifty 50SHRIRAMFINbulletinD0+1+3+511 Sept23 Sept1 OctFutures open interest, lotspeak 36,000Reference close ₹1,010.00. 14 sessions from 11 Sept to 1 Oct; the price axis spans 24 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before18 Sept₹1,010.00basebase
On the day21 Sept₹1,011.80▲ +0.2%▲ +0.3%−0.1 pp difference
+1 session22 Sept₹1,006.00▼ −0.4%▼ −0.1%−0.3 pp difference
+3 sessions24 Sept₹990.00▼ −2.0%▼ −1.2%−0.8 pp difference
+5 sessions28 Sept₹976.30▼ −3.3%▼ −2.4%−0.9 pp difference
Gap at the open, % · ₹
▲ +0.9%+8.99 on 21 Sept
Day's range, % · ₹
1.4%≈ 14 high to low
Volume on the day
0.53×the 20-session average
Futures OI on the day
▼ −0.3%−120 lots · short covering · price +0.2%
Futures OI open, lots
35,00021 Sept · 29 Sept expiry
Futures premium, ₹
−0.100.0% to spot
Puts per call, by OI
0.64from 0.60 the session before
Max pain
1,040from 1,040 the session before

Source NSE UDiFF bhavcopy · SHRIRAMFIN on the desk →

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