LOADING...

Shriram Finance shares jump after big Mitsubishi UFJ investment

Business

Shriram Finance just got a major boost—its shares rose 4% after Japan's Mitsubishi UFJ Financial Group (MUFG) announced plans to acquire a 20% stake.
This move has investors excited, with global financial group MUFG raising its target price for the company.
The partnership is seen as a big thumbs-up for Shriram's business model and could help the company tap into more global funding.

Why this matters: stronger finances and growth ahead

Analysts say MUFG's investment should make Shriram Finance stronger financially, possibly lowering costs and improving key return ratios like ROA and ROE.
Even with higher valuations now, experts are still upbeat about Shriram's future, given its solid track record and new global backing.