Shriram City Union Finance

While buyers and sellers were not known immediately, it was earlier reported that private equity player Apax Partners' subsidiary Dynasty Acquisition is likely to sell its stake

Shriram Capital, Shriram City Union Finance to merge with Shriram Transport Finance

Shriram Financial Ventures, which served as the holding company for SCL, will henceforth take on the roles of promoter and holding company for the Group's financial services and insurance operations.

Shriram City Q2 net up 23% at Rs 383 cr on increased loan demand

Net interest income -- interest earned minus expended -- grew by nearly 30 per cent to Rs 1,327 crore against Rs 1,022 crore.

Dynasty Acquisition (FPI) Ltd sells Shriram City Union Finance shares worth Rs 447 crore

The entity sold 12,85,734 shares on NSE and 9,51,406 shares on BSE at an average price of Rs 2,000 apiece

Buy Shriram City Union Finance; target of Rs 2500: Emkay Global Financial

Emkay Global Financial is bullish on Shriram City Union Finance has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated July 29, 2022.

Buy Shriram City Union Finance; target of Rs 2370: Motilal Oswal

Motilal Oswal is bullish on Shriram City Union Finance recommended buy rating on the stock with a target price of Rs 2370 in its research report dated July 28, 2022.

Shriram Group may sell minor stake in housing finance arm in next fiscal, says Shriram City Union Finance MD

As on June 30, Shriram Housing Finance’s AUM stood at Rs 5,803 crore

MC Exclusive | Shriram Group receives IRDAI approval for merger

The merged entity would have a combined AUM of over Rs 1,50,000 crore, over two crore customers served till date and a distribution network of over 3,500 branches

Shriram City to focus on gold, personal, small business loans in FY23

The aim will be to achieve its 18 percent growth in AUM in the current fiscal year amid a slowdown in demand for two-wheelers due to shortage of components and other factors

Buy Shriram City Union Finance; target of Rs 2150: Motilal Oswal

Motilal Oswal is bullish on Shriram City Union Finance recommended buy rating on the stock with a target price of Rs 2150 in its research report dated May 01, 2022.

Buy Shriram City Union Finance; target of Rs 2700: Emkay Global Financial

Emkay Global Financial is bullish on Shriram City Union Finance has recommended buy rating on the stock with a target price of Rs 2700 in its research report dated May 01, 2022.

Shriram City Union’s housing finance subsidiary may hit IPO market after reaching Rs 10,000-crore AUM mark, says MD & CEO

Whether I have anything to say to the regulator, it is already done and dusted. The regulator is slowly moving us towards bank-like regulations or even tighter. Today we are probably governed tighter than banks on classification of NPAs, YS Chakravarti said.

Merger of Shriram City, Shriram Transport to create synergy, drive growth, says Shriram Capital's DV Ravi

Both NBFCs have strong pockets and domain expertise. Besides the benefits that would result from scale, the non-banking finance business of the Shriram group would gain greater stability and achieve higher growth.   

Buy Shriram City Union Finance; target of Rs 2180: Motilal Oswal

Motilal Oswal is bullish on Shriram City Union Finance recommended buy rating on the stock with a target price of Rs 2180 in its research report dated January 30, 2022.

Shriram Group board gives go-ahead to merger of lending subsidiaries

The company believes that the merger would help it bring together all its lending products – commercial vehicles, two-wheeler loans, gold loan, personal loan, auto loan and small enterprise finance - under a single roof

Shriram City Union Finance disburses highest ever loan worth Rs 1,022 crore in November

Shriram City Union Finance has disbursed the highest ever loans amounting to Rs 1,022 crore for 1.6 lakh two-wheelers in November 2021.