Shriram Finance (SHRIRAMFIN) Share News & Alerts

Shriram Finance or Hindalco may enter Sensex in June: Nuvama

▲ Bullish +5.09%

Shriram Finance is highly eligible due to its robust free-float market capitalization and investor traction over the past year. While index sector limits on financial services might favor a metals stock instead, any official selection would drive massive debut index inflows of around $445 million, securing strong near-term institutional support.

Who Will Take Trent's Place In The Upcoming Sensex Rejig? Nuvama Names Two Contenders

▲ Bullish +5.09%

Shriram Finance holds a mathematical edge with a larger free-float market cap than Hindalco, making it a powerful contender for the Sensex spot. If selected by the committee, it would trigger massive passive buying worth about $445 million, creating a strong positional upside bias over the next few weeks.

Sensex rejig: Trent likely to be replaced in next reshuffle — These two stocks are top contenders

▲ Bullish +6.01%

Being one of the highest-ranked non-constituents based on free-float market capitalization makes Shriram Finance a key replacement contender. A confirmed inclusion would lead to massive passive institutional inflows estimated at around $445 million, creating a clear buying catalyst. Swing traders are monitoring the counter closely for high-volume momentum ahead of the official index committee announcement.

Shriram Finance Ltd spurts 1.55%, rises for third straight session

▲ Bullish +3.51%

The stock is reacting to a robust 40.9% year-on-year growth in quarterly net profit (₹3,014 Cr) and sustained accumulation over three sessions. Technical indicators like the 20-day and 50-day EMAs are showing bullish alignments, suggesting a potential trend continuation toward the ₹1,000-₹1,100 resistance zone. Analysts maintain high targets (up to ₹1,180), supporting a positional long outlook over the next few weeks.

Retail Dilemma: NBFC top guns diverge on deposit rates

▲ Bullish +8.76%

The deposit rate cut, triggered by a 'AAA' rating upgrade, directly reduces the cost of funds, which is structurally positive for profitability and margins. This re-rating by agencies (CRISIL/ICRA) enhances institutional trust and lower risk premiums. Expect a positive positional bias over the next 3-6 months as the lower interest expense begins to reflect in quarterly earnings.

Buy, Sell Or Hold: NBCC, Voltas, TVS Motor, PFC, Force Motors, BEL And Shriram Finance — Ask Profit

▲ Bullish +0.52%