NBFC Sector

Piramal Finance share price surged up to 10% intraday after the company declared latest financial results. Read detailed analysis.

Piramal Finance surged after strong Q4 FY26 results with 390% profit growth and rising AUM, but concerns over valuation, one-off gains, and return ratios persist despite a positive growth outlook.

Stocks in focus on year-end: PowerGrid wins BESS project, RITES bags $3.6 mn order, Privi sees ₹700 Cr block deal, IFCI exits NEDFi stake, Bharat Forge wins ₹1,662 Cr defence order.

DCM Shriram recorded a net debt of ₹1,459 Crore as of June 30, 2024, compared to ₹1,434 Crore on March 31, 2024.

According to sources, Shriram Ownership Trust has recruited investment banks such as Barclays to seek financing.

The company has not yet disclosed the record date, but will do so shortly.

The aggregate value of the sale was Rs 551.03 crore.

The NBFC said that it has logged the highest-ever quarterly increase in its AUM of about Rs 22,700 crore in Q1FY24.

To begin, merchants on the Paytm network will be eligible for Shriram Finance loans.

It signed a syndicated social loan facility of up to $200 million.