01 Oct 2025 | 5 Mins Read
Shriram Finance stock jumps 3% on Mitsubishi UFJ stake sale report
Flipitmoney
Shriram Finance shares rose 3.4 percent due to a report of Mitsubishi UFJ Financial Group (MUFG) negotiating to acquire a 20 percent stake for Rs 23,200 crore ($2.61 billion). MUFG could take a higher stake or controlling interest over time. Shriram Finance denied the majority stake sale report, stating no shareholder has approached the company to sell. The current market price is Rs 637.3.