Muthuselvaraj M, technical research analyst at Mirae Asset Sharekhan says Mahindra & Mahindra, Jio Financial Services and Shriram Finance stocks look favourably placed on the technical charts.
Ajit Mishra of Religare Broking said that 24,000-24,200 zone has emerged as the next major support for Nifty. He also said that Indian Bank, PB Fintech and Shriram Finance are showing a bullish setup.
Shriram Finance (up 28 per cent), Eicher Motors (up 22 per cent), Cholamandalam Financial Holdings (up 19 per cent) and M&M (up 19 per cent) have outperformed Nifty 50 this far in FY27, data shows.
Ather Energy, Craftsman Automation, Samvardhana Motherson International and TVS Motor Company from the automobiles and auto parts sector also hit new highs in trade on Thursday.
Stocks to watch today: BEL, IDFC First Bank, BoB, Coal India, AU Small Finance Bank, SAIL, Maruti Suzuki, Tata Power, Allied Blenders, Jindal Steel, NTPC, ONGC and more will be focus today.
Shriram Finance retains FY27 AUM growth guidance despite fuel price concerns, bets on aggressive gold loan expansion and expects NIMs to stay strong
Shriram Finance is aiming to double gold loans' contribution in the overall loanbook to 5 per cent over the next three years, joining a slew of lenders ramping up focus in the more secure and high-value retail segment. The non-bank lender is also keen to increase the share of micro, small and medium enterprises in the overall loan portfolio over the medium term to 20 per cent, a top official has said. "Around 2.5 per cent of our loan book comes from the gold loan segment now. We want to grow it to 5 per cent in the next three years," its executive vice chairman Umesh Revankar told PTI recently. As of June 2026, the lender's overall gold loans outstanding had stood at Rs 7,514 crore, accounting for 2.39 per cent of the overall Rs 3.13 lakh crore book. Gold loans' share has been steadily increasing in recent times, and the first quarter of FY27 also saw a 46 per cent growth in portfolio when compared year-on-year and 13 per cent quarter-on-quarter. In March 2026, the gold loans ...
Shriram Finance posted a 60% jump in Q1FY27 net profit to ₹3,444 crore, driven by strong NII growth, higher AUM and an improvement in net interest margin
The NBFC reported robust growth in net interest income and assets under management, while asset quality remained broadly stable during the June quarter
The non-banking finance company (NBFC) reported a standalone profit at ₹3,445 crore ($357.05 million) for the quarter ended June 30
Here's why Nandish Shah technical research analyst of HDFC Securities recommends a 'Bull Spread' strategy on Nifty and Shriram Finance.
According to CRISIL, NBFC AUM is expected to grow at a mid-teen rate through FY27, potentially surpassing ₹50 trillion.
Following the deal with MUFG, Motilal Oswal said that Shriram Finance is well-positioned to capitalise on emerging growth opportunities, supported by strong execution and deep customer relationships.
Stocks to buy today: Shrikant Chouhan of Kotak Securities has suggested adding Lenskart and Shriram Finance shares; here's why
The Emergency Credit Line Guarantee Scheme (ECLGS), approved by the Union Cabinet, is sentimentally positive for NBFCs with strong MSME exposure.
Strong Q4FY26 performance and capital infusion boost outlook for Shriram Finance, with steady margins and loan growth expected despite asset quality concerns
Firms such as Reliance Industries, Axis Bank, UltraTech Cement, Coal India, Hindustan Zinc, and Varun Beverages are among the major names announcing dividends
Shriram Finance reported a net profit of ₹3,014 crore, up 41 per cent as compared to ₹2,139 crore in the year-ago period
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
Shriram Finance has cut fixed deposit rates across multiple tenures, with revised rates effective May 6, impacting returns for retail investors and fixed investment plans