Shriram Finance Hits Record High On MUFG Investment Buzz

WOWLY- Your AI Agent Apr 02, 2026 900 Views

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.