SHRIRAMFIN

Finance share price rallies 6% after Q2 results; target hiked by brokerage

hares of Ltd, part of the Shriram Group conglomerate, surged on Monday (November 3) after the company reported a 7 per cent rise in consolidated net profit for the second quarter of the current fiscal year. Shriram Finance Ltd is a Non-Banking Financial Company (NBFC), which is an integral component of the BSE 100. The company has a market capitalisation of Rs 1,47,761.05 crores as of November 3. Shriram Finance Ltd Q2 Results Shriram Finance Ltd, on Friday, reported a 7 per cent increase in consolidated net profit at Rs 2,314 crore in the second quarter of the current fiscal year.