Shriram Finance Share Price Target 2026: Brokerage firm Morgan Stanley has maintained an Overweight rating on Shriram Finance shares. The brokerage has released its report on Shriram Finance after Japan's MUFG Bank completed the acquisition of a 20 per cent stake in the NFC.
MUFG Bank has invested Rs 39,618 crore to acquire the stake in Shriram Finance.
Post the deal, ICRA has upgraded its rating on Shriram Finance to AAA.
Morgan Stanley said that the funding cost advantage is expected to narrow, which will support RoA improvement.
Shriram Finance's credit profile will strengthen after the deal with multiple upgrades.
Shriram Finance Share Price Target 2026
Morgan Stanley said that Shriram Finance remains its top pick from the NBFC space.
Morgan Stanley has set a target price of Rs 1,325 on Shriram Finance stock (Shriram Finance Share Price Target 2026).
Shriram Finance Share Price History
Shriram Finance is a part of the Nifty 50 index. It is the second-largest NBFC in the country, after Bajaj Finance.
According to exchange data, Shriram Finance shares have significantly outperformed the markets in the last three years. Shriram Finance shares have rallied 64 per cent in one year and more than doubled investors' money in two years, zooming 103 per cent. In three years, the NBFC stock has skyrocketed nearly 300 per cent.
Shriram Finance Share Price Target 2026 | MUFG Investment
MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 840.93 per share, with the total investment amounting to approximately Rs 39,618 crore, it said.
Upon completion of the allotment, MUFG Bank will hold a 20 per cent equity stake in SFL on a fully diluted basis, it said.
In December, Mitsubishi UFJ Financial Group Inc (MUFG) signed a definitive agreement to acquire a 20 per cent minority stake in non-bank lender Shriram Finance Ltd for Rs 39,618 crore (around USD 4.4 billion).
