News for SHRIRAM TRANSPORT (SRTRANSFIN-Z2.NS)

Piramal had acquired stakes in various Shriram companies more than a decade ago, after selling its pharmaceuticals business to Abbott Laboratories in 2010. .In recent years, Piramal has sold some of these stakes at a profit, and invested in other businesses like lending.

RBI Tuesday after market trading hours cut the risk weight for banks on loans to NBFCs from 125% to 100% depending on the rating of the finance company

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.

We initiate coverage on Shriram Finance Ltd (SFL) with a BUY recommendation and a target price of Rs 3,825/share, implying an upside of 30% from the CMP. Born out of the merger of Shriram Transport…

Axis Securities Ltd. has initiated coverage on Shriram Finance Ltd. with a 'buy' rating, as it sees a 30% potential upside in the non-banking financial company's stock. The brokerage has a target price of Rs 3,825 per share.

Brokerages are bullish on over 40 Indian stocks following a market rally. They cite improving valuations, strong domestic inflows, and potential capex revival as key drivers, despite recent FII outflows. Jefferies, Goldman Sachs, and JM Financial have identified stocks poised for growth, focusing on quality, cyclical resilience, and recovery potential.

The Nifty 50 has fallen 9.5% from its September 2024 peak, due to FII outflows and corporate earnings concerns. In response, JM Financial has identified 39 investment opportunities across large, mid, and smallcap stocks, chosen for their 15%+ correction from 52-week highs and growth potential.

The NBFC clocked 20% margin growth and added 20,000 jobs in two years post-merger.

List includes stocks like Reliance Industries, ONGC, Cholamandalam Investment, Samvardhana Motherson, and more.

Hemang Jani, market expert, analyzed recent trends in defence, NBFC, and gold financier stocks. Defence stocks like BEL and HAL still show growth potential. Shriram Transport Finance and Chola are promising among NBFCs. Muthoot stands out among gold financiers. He also highlighted evolving dynamics in brokerage stocks impacting their valuations.

Shriram Finance Ltd anticipated sustained growth in its micro and small enterprises sector, driven by demand for small loans. The company expected a yearly 25% growth in the MSME portfolio. In contrast, the commercial vehicle business saw slower growth. Shriram has diversified its operations and projects a notable rise in MSME loans soon.

Choosing the right company in any sector is extremely important but when it comes to investing in NBFC stocks, it is extremely important to check on things like quality of balance sheet and parentage. There is a very clear lesson from history, if you bought Bajaj finance, wealth creation happened, if you bought DHFL then wealth destruction happened. The question would arise, why buy NBFC if it has such risks? The answer is simple, as a sector NBFC will grow at a faster rate than a number of sectors. Why will the growth be faster? Because they provide credit and credit was / is / will remain more in demand than supply. So, a provider of credit is bound to grow as the Indian economy grows

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.

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

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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.

Corporate non-convertible debentures or NCDs offer a good option for those seeking regular income. If you have a medium-risk profile, these can be a good alternative to bank and corporate fixed deposits or FDs. Watch out for the credit rating though