Jefferies cuts target to INR 1,145 for Shriram Finance stock

Published on 10/27/2026 at 15:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 profit rose 59.40 percent to INR 36,770.0 million on October 23. Shriram Finance stock was INR 823.60 on October 27, 2026, down 0.17 percent on NSE.

Analyst target and reporting date

Jefferies revised its target on October 26, 2026.
Second-quarter profit rose 59.40 percent year over year to INR 36,770.0 million.
Shriram Finance stock was INR 823.60 on October 27, 2026, down 0.17 percent from the prior NSE close.
The interim dividend record date is October 29, 2026.

Shriram Finance, INE721A01013, Illustration mit AI erstellt.

Shriram Finance (ISIN INE721A01013) saw Jefferies cut its target to INR 1,145 from INR 1,210 on October 26, 2026, while maintaining a Buy rating, according to Moneycontrol. The last NSE quote was INR 823.60 on October 27, 2026 at 3:28 p.m. IST, down 0.17 percent from the prior NSE close.

Profit growth meets credit concerns

Shriram Finance reported consolidated second-quarter net profit of INR 36,770.0 million for the quarter ended September 30, 2026, up 59.40 percent from INR 23,140.0 million a year earlier. Total income increased 16.00 percent to INR 138,020.0 million, according to Business Standard.

Stock position on October 27

The latest quote puts Shriram Finance at an INR 710.25 to INR 1,153.70 52-week range. Its INR 823.60 price is 28.61 percent above the low and 28.61 percent below the high. Trading volume reached 8,137,631 shares, while the market capitalization stood at INR 1.9 trillion.

Valuation and the next date

Shriram Finance traded at a price-to-earnings ratio of 13.73 on the latest quote. The company also declared an interim dividend of INR 6.50 per share for fiscal year 2027, with October 29, 2026 set as the record date, as reported by The Economic Times.

Comparison with peers

Shriram Finance: down 0.17 percent, price-to-earnings ratio 13.73, market capitalization INR 1.9 trillion. Bajaj Finance (NSE, INR): down 0.73 percent, price-to-earnings ratio 26.21, market capitalization INR 5.7 trillion. Muthoot Finance (NSE, INR): up 0.49 percent, price-to-earnings ratio 8.50, market capitalization INR 966.5 billion.

Target cuts keep valuation in view

Jefferies' lower target reflects a more cautious view of credit costs, while the September quarter showed faster profit growth than income growth. The combination leaves the stock's valuation below Bajaj Finance's multiple and above Muthoot Finance's multiple on the latest quotes.

The next scheduled corporate date is October 29, 2026, when the interim dividend record date arrives. The latest NSE quote was INR 823.60 on October 27, 2026 at 3:28 p.m. IST, down 0.17 percent from the prior NSE close.