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MUMBAI: India's largest non-banking finance companies (NBFCs), including Bajaj Finance, Tata Capital and Shriram Finance, are seeking a meeting with the Reserve Bank of India (RBI) to urge the banking regulator to reconsider its proposed blanket prohibition on
Shriram Finance has broken out of a six-month consolidation range to hit a record high of Rs 1,153. Analysts see further upside toward Rs 1,280, supported by strong momentum, bullish moving averages, positive MACD and healthy RSI readings
Shriram Finance remains in a strong long-term uptrend, maintaining its steady higher highs structure on and trading above all key positively aligned moving averages on multiple time frames. Traders can buy for a target of Rs 1280 in the next 1-2 months, Ajit M