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via thehindubusinessline.comMarkets

Shriram Finance slides 5% as analysts slash targets after mixed Q2 results

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Shares of Shriram Finance Ltd fell sharply on Monday, trading down 5.03 per cent at ₹821.50 around midday, after the company’s second-quarter results showed strong profit growth, but raised concerns over asset quality and credit costs.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe stock falls on concerns over asset quality and credit costs despite profit growth.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Shriram Finance shares trade down 5.03% at Rs 821.50 around midday.
  2. 02The second-quarter results showed strong profit growth.
  3. 03Concerns remain over asset quality and credit costs.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Shriram Finance LimitedSHRIRAMFIN.NSEStock826.45 INR+0.22%today -4.46%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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