JUGAL KISHORE MOHAPATRA
Shriram Finance Q2 Results: Profit rises 7% to Rs 2,314 crore
Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent increase in consolidated net profit at Rs 2,314 crore in the second quarter of the current fiscal year.
Buy Shriram Finance, target price Rs 705: Axis Securities
Axis Securities recommends buying Shriram Finance with a target price of Rs 705, up from its current Rs 523.5. Shriram Finance's rural demand is robust, aiding growth across segments. The management anticipates a steady 16% CAGR in AUM over FY25-27. Promoters hold 25.4% of shares as of 31-Dec-2024, with FIIs at 53.08%.
Buy Shriram Finance, target price Rs 700: Motilal Oswal Financial Services
Motilal Oswal Financial Services gives a buy call on Shriram Finance Ltd. with a target price of Rs 700. Shriram Finance has demonstrated a notable quarterly consolidated total income increase and future potential due to leveraging cross-selling opportunities. The current valuation is attractive, and Shriram Finance is a top NBFC sector pick.
Buy Shriram Finance, target price Rs 3,825: Axis Securities
Axis Securities initiates coverage on Shriram Finance with a buy call and a target price of Rs 3825, a 30% upside from the current market price. They cite the company's potential for increased market share, reduced cyclicality, portfolio diversification, steady asset quality, and strong return ratios as key drivers for this positive outlook.
Buy Shriram Finance, target price Rs 1680: ICICI Direct
Shriram Finance, incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 58397.55 Crore) operating in NBFC sector.
Shriram group operationalises largest retail NBFC Shriram Finance; to focus on non-vehicle financing
The new company, to be headquartered in Mumbai, has over 6.7 million customers being served at over 3,600 branches across the country, barring Nagaland, by its 57,000 employees of which 6,000 were added after the merger announcement.
- Go To Page 1
Shriram group operationalises largest retail NBFC Shriram Finance; to focus on non-vehicle financing
The new company wants to take this proportion down to 60 per cent over the next two-three years and pare it further down to 50 per cent over the next five years or so, management led by Umesh Revankar, executive vice-chairman, and Y S Chakravarti, managing director & chief executive of Shriram Finance, told reporters here announcing the operationalisation of the new entity.
Arundhati Bhattacharya, Vinod Rai, KV Kamath among potential successors to Raghuram Rajan
Among the long list of former bureaucrats said to be in the running are recently retired finance secretaries Ratan Wattal and Sumit Bose.
World Bank specialist to steer Swachh Bharat
The PMO is said to be not happy with the progress on Swachh Bharat Mission by the Drinking Water and Sanitation Department.
MNREGA workers may be roped in to carry out Swachh Bharat work
Rural Development Secretary Jugal Kishore Mohapatra told ET that the Centre is looking at ways MNREGA workers be used in work related to Swachh Bharat first in all 500 villages.
IAS officer spearheading Modi government's Swachh Bharat campaign granted voluntary retirement
Vijay Laxmi Joshi, a senior Gujarat-cadre IAS officer spearheading Modi government's Swachh Bharat campaign, was granted voluntarily retirement from service on Saturday.
Reliance Industries, ONGC, BP, Cairn demand immediate hike in natural gas price
Sinha suggested that participants should send their written submission addressed to Oil Secretary Saurabh Chandra, who is not part of the committee.
Essar, IFFCO to get captive berths at port planned on Mahanadi
Essar and fertliser cooperative IFFCO will get captive berths at riverine port planned on Mahanadi river.
Modi govt appoints new Secretaries, Rakesh Garg is new Telecom Secretary, ED chief shifted out
Government on Sunday appointed 1980 batch IAS officer Rakesh Garg as new Telecom Secretary and Jugal Kishore Mohapatra as Fertiliser Secretary.
Mining activities to be legitimate economic activity in Odisha
The state & central government resolved to make mining activities here a legitimate economic activity by complying with all such requirements.
Odisha plans to slash jet fuel tax to attract more airlines
In a bid to attract more airlines to operate from Bhubaneswar, Odisha Government is planning to slash sales tax on jet fuel.
Won't be affected by ArcelorMittal's withdrawal: Odisha govt
ArcelorMittal's decision to back out of its proposed mega steel project in Keonjhar would have no impact on the ongoing industrialisation in the state.
JK Mohapatra new Chief Secretary of Odisha
Mohapatra takes over from BK Patnaik who is retiring from service tomorrow, according to a notification issued by general admin dept here.
State PSUs should infuse professionalism: BK Patnaik
Development Commissioner Jugal Kishore Mohapatra suggested that PSUs develop mechanisms for professionalising their management at higher levels.
Load More
