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Source: Live Mint Shriram Finance Ltd. completed the sale of its housing finance subsidiary to Warburg Pincus affiliate on Wednesday, December 11, for ₹3,929 crore. The flagship company of the Shriram group sold its entire 84.44 per cent shareholding on a fully diluted basis. With the completion of the stake sale, Shriram Housing Finance has…
Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….
Source: Live Mint Shriram Finance share price reversed initial losses to jump nearly 4 per cent after the company said its board will meet later this month to consider interim dividend and stock split. The said meeting is slated for Friday, October 25. Following the announcement, Shriram Finance stock jumped as much as 3.61 per…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 1:37 PM IST The NSE Nifty 50 index has gained 2 per cent from its recent low of 24,700-odd levels. The recent gains are seen as a pullback as the Nifty had plunged over 1,550 points in preceding six trading sessions. …
Source: Business Standard 5 min read Last Updated : Sep 17 2024 | 1:38 PM IST We are near about six months into the fiscal year 2024-25, and the Indian stock market has witnessed strong gains already thus far. The BSE benchmark Sensex 30 has rallied 12.7 per cent or 9,349 points and has…
Source: Business Standard 2 min read Last Updated : Sep 09 2024 | 1:30 PM IST Shriram Finance stock buzzing in trade: Shares of Shriram Finance, a non banking financial company (NBFC), rose up to 2.1 per cent intraday to clock a fresh all-time high of Rs 3,310 per share on Monday, September 9. …
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