Buy Shriram Finance; target of Rs 1220: Motilal Oswal
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Motilal Oswal issued a buy rating for Shriram Finance with a target price of Rs 1220.
- ✓The firm said that while the macro backdrop turned more challenging, the company’s diversified franchise provides a cushion.
- ✓They expect strong growth in assets and profits by FY28 despite current pressures on rural cash flows.
Story at a Glance
- Category
- BUSINESS
- Reported By
- MoneyControl
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
Motilal Oswal's research report on Shriram Finance The macro backdrop has turned more challenging, but we see the current pressure as cyclical. Higher crude prices, elevated bond yields, and uneven monsoon trends could weigh on rural cash flows and transporter incomes in the near term. However, Shriram Finance's (SHFL) diversified franchise, resilient asset quality, and strong underlying demand provide a cushion against these headwinds.
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