Shriram Finance shares surge after MUFG's ₹39,600 cr investment
pre-market1 source ↓written by the desknot a recommendation
- to ₹935 today
- 3.7%
- investment
- 20% stake
- based on new
- 33% further upside
Shriram Finance shares rose 3.7% to ₹935 today, driven by bullish calls from global brokerages following MUFG Bank's ₹39,600 cr investment for a 20% stake. The stock has rallied around 60% this year, with brokerages projecting up to 33% further upside based on new target prices. This landmark investment is expected to strengthen the company's balance sheet and growth prospects.
Not investment advice. For informational purposes only.