Buy Shriram City Union Finance, target price Rs 2,700: Emkay Global Financial ServicesThe brokerage retained its Buy rating on SCUF and raise our March 23 TP to Rs 2,700 from Rs 2,670, taking into account the revised growth o...
02 May, 2022, 01.13 PM IST
Shriram Group expects cross-selling, lower cost of funds and scale post-mergerThe insurance and mutual fund companies of the group have been kept out of the merger. The new company will continue to sell insurance poli...
14 Dec, 2021, 07.38 AM IST
Shriram City Union Finance to infuse Rs 500 crore in Shriram Housing FinThe current infusion will increase SCUF's holding in SHFL to 81.16 per cent from the existing 77.25 per cent, it said.
14 May, 2021, 04.44 PM IST
Mahantesh Sabarad on 2 stocks that may give 20% upside going aheadThe market seems to be directionless because you do not have major events to be factored in.
16 Dec, 2019, 09.16 AM IST
Stock pick of the week: Cut in corporate tax a good entry opportunity into Shriram City UnionThe recent reduction in corporate tax is good news for Shriram City Union Finance. Its EPS for 2019-20 and 2020-21 are expected to go up by...
07 Oct, 2019, 10.17 AM IST
Buy Shriram Transport Finance Company, target Rs 1,568: Prabhudas LilladherBuy Shriram Transport Finance Company at a price target of Rs 1,568.
23 Apr, 2019, 03.20 PM IST
Merger talk of group companies spooks Shriram investorsSCUF now trades 1.6 times its FY21 estimated book.
11 Apr, 2019, 08.10 AM IST
Accumulate Shriram City Union Finance, target Rs 2,448: Emkay Global Financial ServicesAccumulate Shriram City Union Finance Ltd. at a price target of Rs 2448.0 .
30 Jul, 2018, 02.56 PM IST
IDFC-Shriram merger plan may have to factor in government's stake dilution concernsShriram Group founder R Thyagarajan said discussions are progressing. “Till an agreement is reached, there will be disagreements,” he said.
23 Oct, 2017, 12.09 AM IST
Marriage with Shriram will aid retail forayThe elevated bad asset ratio of the merged company 4.2 per cent based on FY17 numbers.
10 Jul, 2017, 08.51 AM IST
PE firm Apax buys TPG’s 20.3% stake in Shriram City Union FinanceET had reported in its April 28 edition that Apax would buy TPG’s stake in SCUF. The sources cited said the deal was struck at a premium to...
13 May, 2015, 02.37 PM IST
Shriram City aims to grow at 30% per annum over next 5 yearsNon-bank lender Shriram City Union Finance (SCUF) today said it is confident of growing at up to 30 per cent per annum over the next five y...
01 Aug, 2013, 07.13 PM IST
- Shriram City Union Finance to raise up to Rs 500 crore through NCD
This includes an option to retain over-subscription up to Rs 250 crore for issuance of additional NCDs.
04 Sep, 2012, 04.02 PM IST
- Shriram City Union Rs 750 crore NCD offer opens tomorrow
Non-banking finance company Shriram City Union Finance (SCUF) today said it will raise up to Rs 750 crore through a non -convertible debent...
10 Aug, 2011, 04.22 PM IST
- Shriram City to raise Rs 375 cr through NCDs
Shriram City Union Finance (SCUF) on Monday said it will raise up to Rs 750 crore through a non convertible debenture (NCD) issue.
08 Aug, 2011, 04.27 PM IST
- Shriram City to raise Rs 375 cr through NCDs
Non-banking finance company Shriram City Union Finance (SCUF) today said it will raise up to Rs 750 crore through a non convertible debentu...
08 Aug, 2011, 04.23 PM IST
- TPG to buy Shriram’s consumer fin arm
Shriram group is selling 55% stake in its retail arm for Rs 805 cr. TPG will acquire 1.83 mn equity shares at Rs 2,388.8 apiece, along with...
27 Oct, 2008, 03.07 AM IST