GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Shriram Finance Ltd gained as much as 1.3% to hit a record high of Rs 1,009 on the first day of 2026. With today’s gain, the share price is up for a third session in a row and has risen nearly 6% over the same period. In 2025, the stock price rose as much as 72%. One of the major reasons for the strong performance was Japan based MUFG agreeing to acquire a 20% stake in Shriram Finance for $4.4 billion, marking the Japanese bank’s largest ever investment in India and surpassing its earlier cumulative investments of $1.7 billion. What are analysts saying? International brokerage Nomura has raised its target price on the stock to Rs 1,140, implying an upside of 14.4% from current levels. While MUFG Bank will be classified as a public shareholder, Nomura highlighted that it will have the right to nominate up to two non independent directors on the board. In the brokerage’s view, the presence of a leading Japanese bank could add valu...

[hfe_template id='11223'] [ad_1] Shares of Shriram Finance Ltd gained as much as 1.3% to hit a record high of Rs 1,009 on the first day of 2026. With today’s gain, the share price is up for a third session in a row and has risen nearly 6% over the same period. In 2025, the stock price rose as much as 72%. One of the major reasons for the strong performance was Japan based MUFG agreeing to acquire a 20% stake in Shriram Finance for $4.4 billion, marking the Japanese bank’s largest ever investment in India and surpassing its earlier cumulative investments of $1.7 billion. What are analysts saying? International brokerage Nomura has raised its target price on the stock to Rs 1,140, implying an upside of 14.4% from current levels. While MUFG Bank will be classified as a public shareholder, Nomura highlighted that it will have the right to nominate up to two non independent directors on the board. In the brokerage’s view, the presence of a leading Japanese bank could add valu...