News for Shriram City Union Finance Limited (SHRIRAMCIT.BO)

Shriram Finance had announced January 10, 2025 as the record date for the stock split of its equity shares in 1:5 ratio on January 1, 2025.

With over a 92 percent rise in the share price over the past year, Shriram Finance is the top contender to replace UPL in the benchmark Nifty in the March review

Shriram Finance aims to be a multi-asset company, executive vice-chairman Umesh Revankar told Moneycontrol last month.

He holds a degree in Bachelor of Commerce. He joined the company in June 1991 as an executive trainee.

Nuvama Institutional Equities has upgraded its rating on Shriram Finance from 'hold' to 'buy' and raised the target price to Rs 2,145

ICICI Direct is bullish on Shriram Finance recommended buy rating on the stock with a target price of Rs 2250 in its research report dated July 21, 2023.

IDFC First Bank shares plunged 5.9 per cent to hit a low of Rs 77.10 on BSE. On the other hand, while IDFC shares rallied 6.04 per cent to hit a high of Rs 115.70 in early trade, they later cut gains to 0.46 per cent.

Coming to the NSE indices, the stock is currently a part of NSE 200. To get entry into NSE 100, the stock has to be among top 90 companies in terms of average full market capitalization

According to media reports, Piramal Enterprises was planning to sell its entire 8.34 per cent stake in Shriram Finance via block deals on Wednesday.

Piramal Enterprises is looking to sell its entire 8.34 per cent stake in Shriram Finance via block deals on Wednesday

About 3.1 crore shares worth Rs 4,832 crore have been offered by the company to institutional investors

Till 09:48 am; around 9.98 million shares, which represented 2.66 per cent of total equity of Shriram Finance have changed hands on the BSE, data shows

NOTICES Notice No. 20230216-28 Notice Date ... | February 16, 2023

While buyers and sellers were not known immediately, it was earlier reported that private equity player Apax Partners' subsidiary Dynasty Acquisition is likely to sell its stake

Buzzing stocks: TVS Motor, Reliance Industries, City Union Bank, PowerGrid, NTPC, IndusInd Bank, Goldstone Tech, Deep Ind, Veljan Dension, East West Holdings

Vakrangee, GM Breweries, GG Automotive Gears and Sri Krishna Constructions (India) are among the companies that will announce their corporate earnings for the June 2022 quarter today.

As per the pivot charts, the key support level for the Nifty is placed at 16,472, followed by 16,375. If the index moves up, the key resistance levels to watch out for are 16,639 and 16,708.

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