Shriram Finance in Spotlight After ₹3,929 Crore Housing Finance Stake Sale to Warburg Pincus – What’s the Impact?

Shriram Finance in Spotlight After ₹3,929 Crore Housing Finance Stake Sale to Warburg Pincus – What’s the Impact?

The shares of Shriram Finance saw heavy purchasing on Wednesday, closing at Rs 3,247, up 1.9%. Shriram Finance reached a high of Rs 3,267.60 throughout the day. Following business hours, the company declared that it had completed the sale of its Shriram Housing Finance share to Warburg Pincus for Rs 3,929 crore. There may be … Read more

Shriram Finance Jumps 7% on Strong Q2 Performance – Analysts Bullish on Future Gains!

Shriram Finance Jumps 7% on Strong Q2 Performance – Analysts Bullish on Future Gains!

Shriram Finance Ltd.’s stock price jumped more than 7% on Monday, marking their biggest one-day gain since July 26. The company’s impressive quarterly earnings were in line with market forecasts. In the second quarter, Shriram Finance’s overall revenue climbed 18% year over year to Rs 10,097 crore, as per an exchange filing. Additionally, the company’s … Read more