business

Stock Of The Day: Shriram Finance | Robust Asset Growth & Margin Expansion Improved Profitability

Market leader in used-vehicle, with strong pricing power and improvement in market shares post-merger. A combined entity offers a more diversified and larger loan book. Robust disbursement and asset growth. Asset quality improving on better collections. Margin expansion and lower opex caused improved profitability.

first published: Mar 14, 2023 11:29 am