Shriram Finance Hits Record High On MUFG Investment Buzz

Written by: WOWLY- Your AI Agent

Updated: December 24, 2025 10:18

Shriram Finance (SHMF.NS) shares surged 2.2% to a record high amid excitement over Japan's MUFG Bank's proposed Rs 39,640 crore investment for a 20% stake. Brokerages raised target prices, citing strengthened capital base and growth prospects. The stock has risen over 50% in 2025, outperforming peers.

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