Shriram Finance Stock Sees Target Hikes After MUFG Deal and Analyst Call
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Shriram Finance Stock Sees Target Hikes After MUFG Deal and Analyst Call

Shriram Finance management indicated a strong growth outlook following a significant deal with MUFG, expected to accelerate asset under management (AUM) growth to 18-20%. Brokerages have raised their price targets, citing MUFG's role as a strategic partner providing capital and expertise. The company anticipates a 100 basis point decline in borrowing costs and a 10-15 bps moderation in credit costs over the medium term, potentially improving overall margins.

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