Shriram Finance Stock Soars to New Heights on MUFG Deal Momentum; Brokerages Eye Up to 35% Upside Amid Record Rally

inance Stock Soars to New Heights on MUFG Deal Momentum; Brokerages Eye Up to 35% Upside Amid Record Rally Mumbai, December 22, 2025 – Shares of Shriram Finance Ltd. continued their blistering ascent on Monday, surging nearly 4% to touch an intraday high of Rs 936.80, marking a fresh 52-week peak and outperforming the broader Nifty 50 index. The non-banking financial company (NBFC), already up over 70% year-to-date, is riding high on the heels of Mitsubishi UFJ Financial Group (MUFG)'s blockbuster Rs 39,618 crore investment for a 20% minority stake – the largest foreign direct investment (FDI) in India's financial services sector to date. The stock closed the previous session at Rs 901.70 and opened higher at Rs 919, reflecting sustained investor enthusiasm as global brokerages upgraded their outlooks. Trading volumes spiked to over 8 million shares by midday, underscoring the deal's transformative appeal. With the Nifty 50 up 0.7% at 26,141, Shriram Finance emerged as a top gainer, topping the benchmark's performers and signaling strong sector rotation into financials.