Rentals rose across all key routes year-on-year in August, while vehicle sales moderated sequentially and electric vehicle sales maintained strong annual growth
Strong AUM growth and steady credit demand support the outlook, though higher borrowing costs, competitive intensity and potential rate increases could weigh on margins
The NBFC reported robust growth in net interest income and assets under management, while asset quality remained broadly stable during the June quarter
India's Non-Banking Financial Company (NBFC) sector is well positioned for long-term growth, supported by healthier balance sheets, easing macroeconomic headwinds, and an improving funding environment
Strong Q4FY26 performance and capital infusion boost outlook for Shriram Finance, with steady margins and loan growth expected despite asset quality concerns
Shriram Finance reports a 41% jump in Q4 net profit to Rs 3,020.95 crore, with steady income growth and improved asset quality, and announces a total dividend of Rs 10.80 per share
CRISIL Ratings has upgraded its long-term rating to 'CRISIL AAA/CRISIL PPMLD AAA/Stable' and removed it from watch with positive implications, while reaffirming its 'CRISIL A1+' short-term rating
SBI, Federal Bank, Shriram Finance and Ujjivan SFB are showing strong bullish uptrend, with all 4 stocks trading above the key moving averages across time-frames, suggest technical charts.
Since the deal was announced, MUFG has fielded calls from automakers seeking to grow sales, for instance by offering preferential financing through Shriram
Centrum Broking said that while Shriram Finance's fundamentals remain sound, the sharp re-rating has already priced in near-term growth and margin tailwinds
Japan-based Mitsubishi UFJ Financial Group will invest nearly Rs 39,618 crore to acquire a 20 per cent stake in Shriram Finance through a preferential share issue