Buy Shriram Finance, target price Rs 2325: Motilal Oswal
Shriram Finance with a target price of Rs 2325. The current market price of Shriram Finance is Rs 1949.55.
Shriram Finance Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 72273.08 Crore) operating in NBFC sector.
Shriram Finance Ltd. key Products/Revenue Segments include Interest, Other Operating Revenue, Income From Sale Of Share & Securities, Fees & Commission Income, Income From Financial Services, Dividend and Rental Income for the year ending 31-Mar-2023.
Financials For the quarter ended 30-06-2023, the company reported a Consolidated Total Income of Rs 8292.53 Crore, up 3.92 % from last quarter Total Income of Rs 7979.75 Crore and up 61.04 % from last year same quarter Total Income of Rs 5149.26 Crore. Company reported net profit after tax of Rs 1711.14 Crore in latest quarter.
