February 12, 2025
Home » Buy Shriram Finance, target price Rs 705: Axis Securities Jobbery Stock Market update
Buy Shriram Finance, target price Rs 705:  Axis Securities

Axis Securities recommends buying Shriram Finance with a target price of Rs 705, up from its current Rs 523.5. Shriram Finance’s rural demand is robust, aiding growth across segments. The management anticipates a steady 16% CAGR in AUM over FY25-27. Promoters hold 25.4% of shares as of 31-Dec-2024, with FIIs at 53.08%.

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