Shriram Finance is currently covered by 38 analysts, with 34 recommending a ‘buy’, three suggesting a ‘hold’, and only one issuing a ‘sell’ rating. Among them, ICICI Securities has set the highest price target at ₹1,225, indicating a potential upside of 33% from Friday’s closing price.
Following the announcement of a massive $4.4 billion deal with Japan’s MUFG, Shriram Finance Ltd.’s share price target has been increased by almost all analysts monitoring the stock.
On Monday, December 22 at noon, management will also hold a media briefing. The agreement between Shriram Finance and MUFG has now established itself as the largest deal in the Indian Financial Services sector, pushing the total transaction value for this year beyond $11 billion.
Currently, 38 analysts cover Shriram Finance. Among them, 34 have assigned a “buy” rating, three indicate “hold,” and one has a “sell” rating for the stock. With a price target of ₹1,225, ICICI Securities holds the highest stock target on the street, indicating a potential upside of 33% from Friday’s close.
Brokerage Nomura has kept its “buy” rating and increased its price target for the stock to ₹1,140.
The brokerage estimates that the deal will lead to a 24% increase in Book Value Per Share, a 3.4 basis point dilution of Return on Equity (RoE), but an expansion of up to 3.7% in Return on Assets (RoA).
It anticipates a significant improvement in the growth outlook for Shriram Finance, and consequently, has raised its forecast for growth in Assets Under Management (AUM) from 17% to 20%.
Jefferies has increased its price target for Shriram Finance to ₹1,080 and continues to assign a “buy” rating.
Brokerage Nomura has maintained its “buy” rating for the stock and raised its price target to ₹1,140.
The brokerage estimates that the deal will result in a 24% increase in Book Value Per Share, a dilution of Return on Equity (RoE) by 3.4 basis points, and an expansion of up to 3.7% in Return on Assets (RoA).
It expects a substantial enhancement in the growth outlook for Shriram Finance, leading to an increase in its projected growth rate for Assets Under Management (AUM) from 17% to 20%.
Jefferies has raised its price target for Shriram Finance to ₹1,080 and maintains a “buy” rating.
Nomura, the brokerage firm, has retained its “buy” rating for the stock and increased its price target to ₹1,140.
The brokerage anticipates that the transaction will produce a 24% increase in Book Value Per Share, a 3.4 basis point dilution of Return on Equity (RoE), and an expansion of Return on Assets (RoA) by as much as 3.7%.
It anticipates a considerable improvement in the growth outlook for Shriram Finance, resulting in an increase in the projected growth rate for Assets Under Management (AUM) from 17% to 20%.
Jefferies raised its price target for Shriram Finance to ₹1,080 while keeping a “buy” rating.
The brokerage firm Nomura has upheld its “buy” recommendation for the stock and raised its price target to ₹1,140.
The brokerage expects the transaction to lead to a 24% increase in Book Value Per Share, a dilution of Return on Equity (RoE) by 3.4 basis points, and an expansion of Return on Assets (RoA) of up to 3.7%.
It predicts a significant enhancement in the growth outlook for Shriram Finance, which leads to an increase in the estimated growth rate of Assets Under Management (AUM) from 17% to 20%.
Jefferies increased its price target for Shriram Finance to ₹1,080, maintaining a “buy” rating.
It anticipates that the substantial capital injection will complicate leveraging and dilute short-term profitability, but that enhanced comfort in the debt market could boost financial flexibility and enhance business prospects.
On Friday, shares of Shriram Finance closed at a record high of ₹905.1, marking an increase of 4.1%. In 2025 to date, the stock has risen 55%. Initially released: Dec 22, 2025, at 8:02 AM IST
