On December 15, the shares of Shriram Finance experienced a 2% rise after a report announced that Japan's Mitsubishi UFJ Financial Group (MUFG) is nearing a deal to acquire a minority stake in the gold financier. The shares were trading at Rs 863.50 apiece at 2:45 pm, with a day-high of Rs 870.60 per share earlier in the day.
The Tokyo-based financial group plans to invest approximately 500 billion yen ($3.2 billion or over Rs 29,200 crore) to buy a minority stake of around 20% in Shriram Finance. According to Bloomberg, the talks are at an advanced stage, and an agreement is likely to be reached as soon as this week.
Promoters and promoter groups hold 25.39% stake in the company, while the public holds the remaining 74.61% stake. Shriram Capital is the largest promoter, owning 17.85% stake, followed by Shriram Value Services with 7.11% stake.
Shriram Finance shares have seen significant gains in recent times, with over 4% increase in the past five days and over 5% in the past month. The stock has risen by more than 27% in the past six months and over 47% in 2025 so far. The company's P/E ratio stands at around 17.
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