CLSA Raises Shriram Finance Target Price to ₹1,030 from ₹840, Maintains Outperform Rating
Global brokerage firm CLSA has significantly increased its target price for Shriram Finance from ₹840 to ₹1,030, while maintaining an Outperform rating. This substantial revision of ₹190 in the target price indicates CLSA's heightened confidence in Shriram Finance's financial performance and growth prospects. The Outperform rating suggests that CLSA expects Shriram Finance to outperform the broader market or sector average.

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Shriram Finance has received a positive rating update from global brokerage firm CLSA, which has significantly raised its target price while maintaining a favorable outlook on the financial services company.
CLSA Rating and Target Price Update
CLSA has revised its target price for Shriram Finance upward to ₹1,030 from the previous target of ₹840, marking a substantial increase in the brokerage's price expectations. The firm continues to maintain its Outperform rating on the stock, indicating strong confidence in the company's prospects.
| Rating Parameter | Details |
|---|---|
| Current Rating | Outperform |
| New Target Price | ₹1,030 |
| Previous Target Price | ₹840 |
| Target Price Increase | ₹190 |
Analyst Outlook
The Outperform rating suggests that CLSA expects Shriram Finance to deliver returns that exceed the broader market or sector average. The significant upward revision in target price from ₹840 to ₹1,030 reflects the brokerage's enhanced confidence in the company's financial performance and growth trajectory.
This positive analyst coverage comes as institutional investors and market participants continue to evaluate opportunities in the financial services sector, with Shriram Finance positioned as a key player in the non-banking financial company space.
Historical Stock Returns for Shriram Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.64% | -2.42% | +15.45% | +46.51% | +87.88% | +287.71% |
















































