Should you buy/sell Shriram Finance shares?

Sandeep Singh

Aug 20,2024

Should you buy/sell Shriram Finance shares?

Here's what analysts make of non-banking financial company (NBFC) Shriram Finance's shares.

HSBC maintains 'buy' rating 

The brokerage has raised its target to Rs 3,600 for the stock from Rs 3,340. 

How HSBC views Shriram Finance

According to the brokerage, the NBFC remains heavily dependent on its vehicle finance portfolio despite its diversification efforts.

AUM slowdown to be negative: HSBC

According to the brokerage, disproportionate stress in Shriram Finance's personal loan portfolio could impact the NBFC's confidence on the asset quality front. 

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