You can invest in Shriram Finance shares by buying them through a registered and reliable broker like Motilal Oswal. After you have signed up with the broker, you can open a demat account. This will be connected to a trading account and your bank account. Then, you can place an order to buy shares with your broker to buy the shares in the quantity you want. The shares bought will be deposited in your demat account, held there electronically.
A financial services company, Shriram Finance is a subsidiary of Shriram City Union Finance Ltd, based in India. It is mainly engaged in the provision of loans and a variety of financial services to individuals and small businesses. It has a presence in both urban and rural areas of the country. It is well known for its client-centric approach and for offering affordable financial solutions to the more economically challenged sections of the Indian population.
Nevertheless, as on 26th April 2023, Shriram Finance has an ROI of +28.24 over 1 year, and +123.95% over 3 years.
The future of the shares of the company will probably depend on a host of factors like market trends, industry trends, demand for loans in the industry, company performance, regulations, the economy of India, etc.
The factors that may potentially influence the share price of Shriram Finance are mentioned below:
Shriram Finance has a net sales of Rs. 19255.17 for March 2022, and a net profit of Rs. 2707.93 for March 2022.
The long-term growth potential of any company, including Shriram Finance, is based on many considerations and elements. Factors that may affect the growth of Shriram Finance are given below:
Shriram Finance paid a recent dividend in January 2023 of Rs. 15.0/share. There is no upcoming dividend announcement by the company.
Shriram Finance has consistently paid dividends to its shareholders from 2019 to 2023. These have been paid annually.