News for Shriram Transport Finance Company Limited (SRTRANSFIN.NS)

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

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

Piramal Enterprises offloaded 3,12,21,449 shares, amounting to an 8.34% stake in Shriram Finance.

Piramal Enterprises was the seller in Shriram Finance, as it exited the company by selling entire 8.34 percent stake or 3.12 crore shares at same price. The stake sale was worth Rs 4,823.71 crore.

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.

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

Tuesday 31st January, 2023, Mumbai : The Board Meeting of Shriram Finance Limited ) was held today to consider the unaudited financial results for the third quarter ended 31st... | February 2, 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