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Shriram Finance — A Beacon Of Resilience, Opportunity; 'Buy' The Stock Says Motilal Oswal, Sees 32% Upside
Shriram Finance is leveraging cross-selling opportunities effectively, and with better branch and employee efficiency, it is set to keep improving its cost ratios going forward, says the brokerage.
13 Jan 2025, 10:41 AM IST 
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Shriram Finance’s valuations have already re-rated from 1.2x to 1.5x 1-year forward P/BV over the last 12 months.
. (Photo: Vijay Sartape/NDTV Profit)
Shriram Finance is Motilal Oswal's top pick in the NBFC sector with a target price of Rs 700 (based on 1.7x FY27E BVPS). Shriram Finance’s valuations have already re-rated from 1.2x to 1.5x 1-year forward P/BV over the last 12 months. We see scope for further re-rating if the company is able to sustain the execution on its AUM growth, margins and credit costs
