03 Nov 2025 | 5 Mins Read
Shriram Finance shares surge 5% after beating Q2 earnings estimates
Flipitmoney
Shriram Finance posted a Q2 FY26 consolidated net profit of Rs 2,315 crore, up 11.6 percent year-on-year, beating estimates. Its stock surged 4.7 percent to Rs 784, gaining 25 percent over the past year. CLSA and Morgan Stanley maintained 'Outperform' and 'Overweight' ratings with target prices of Rs 840 and Rs 785, citing profit beat, stable asset quality, and growth in gold loans.