SHRIRAMFIN

: Japan's MUFG to acquire 20% stake in NBFC? Check target price by Morgan Stanley

Shriram Finance Share Price Target 2025: Shriram Finance has rejected media reports claiming Japan's Mitsubishi MUFG Financial Group (MUFG) plans to acquire a stake in the company. In an exchange filing on Wednesday (October 1), Shriram Finance said that the "news and similar reports published today in certain mainstream media outlets are based on rumour and speculation". The company said that increase or movement in its shares' price on October 1 was "absolutely market driven". Shriram Finance shares on Wednesday (Oct 1) closed 5.25 per cent higher at Rs 648.80 on BSE.