Shriram Finance shares rise 2% as report says Japan's MUFG in final talks to invest $3.2 bn for 20% stake

Shriram Finance share price

The shares of Shriram Finance rose around 2 percent on December 15 after a report said that Japan’s Mitsubishi UFJ Financial Group (MUFG) is nearing a deal to acquire a minority stake in the gold financier.

The shares of the company were trading at Rs 863.50 apiece, as seen at 2.45 pm. Earlier during the day, the stock jumped nearly 2.7 percent to hit the day’s high at Rs 870.60 per share.

MUFG nearing deal for stake in Shriram Finance, says report:

The Tokyo-headquartered financial group is planning to invest 500 billion yen ($3.2 billion or more than Rs 29,200 crore) to buy a minority stake of nearly 20 percent, Bloomberg reported on Monday, citing people familiar with the matter.

The sources cited by the report added that the talks are at an advanced stage and an agreement is likely to be reached as soon as this week.

Moneycontrol couldn’t independently verify the report.

Shriram Finance shareholding pattern:

Promoters and promoter groups held 25.39 percent stake in the company while the rest of the 74.61 percent stake was held by the public, according to data on the company’s shareholding pattern as on September 30.

Shriram Capital was its largest promoter, owning 17.85 percent stake as at the end of September. Shriram Value Services followed, holding 7.11 percent stake.

Shriram Finance share price history:

Shriram Finance shares have gained more than 4 percent in the past five days, and over 5 percent in the past one month. The stock rose over 27 percent in the past six months.

It is up more than 47 percent in 2025 so far. Its P/E ratio stands at around 17.

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