Shriram Finance aims to double gold loans' share of its AUM to 5 per cent in two years, while expanding EV financing and exploring partnerships with Japanese automakers.
Shriram Finance reported a 59 per cent rise in Q2FY27 net profit to ₹3,684 crore, aided by stronger automobile demand, while total income increased 16 per cent year-on-year
Chandan Taparia has said Nifty has given an inside bar breakout in the previous session, indicating a strong recovery. If Nifty holds above 22,700, it may bounce towards 22,850 and then 23,000 levels.
Shriram Finance stock corrected 10% over the past month amid a combination of factors, including renewed escalation in the West Asia conflict, a sharp rebound in crude prices and elevated bond yields.
The revised rates will apply to deposits of up to ₹10 crore, with 36-60-month deposits earning 7.85 per cent; additional rates for seniors, women and renewals will continue
Gold loans stood at around ₹18.6 trillion, or nearly 11 per cent of retail credit, after growing at a 34 per cent CAGR between FY21 and FY26.
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