Shriram Finance shares reach new 52-week high after earnings report
pre-market1 source ↓written by the desknot a recommendation
- to a new
- 6%
- following its Q2
- 52-week high of ₹800
- from the previous
- 6.46%
- target prices
- ₹880
- ₹840
Shares of Shriram Finance surged over 6% to a new 52-week high of ₹800 following its Q2 earnings release. The stock was trading at ₹797.20, up 6.46% from the previous close. Brokerages like Jefferies and CLSA have raised their target prices to ₹880 and ₹840, respectively, citing strong growth in assets under management and lower credit costs.
Not investment advice. For informational purposes only.