Buy Shriram City Union Finance; target of Rs 2000: Motilal Oswal

Buy Shriram City Union Finance; target of Rs 2000: Motilal Oswal

Motilal Oswal’s research report on Shriram City Union Finance Shriram City Union Finance’s (SCUF) PAT increased 2% YoY to INR2.6b in 3QFY19 – a 10% beat – largely driven by provision write-back of INR161m. On a PPoP basis, there was a...
read more
No Image

Motilal Oswal Real Estate sells Shriram Properties stake for ₹125 crore

Motilal Oswal Real Estate, the realty-focused private equity arm of financial services conglomerate Motilal Oswal, on Monday said it has sold its investment in Shriram Properties, a Bengaluru-based developer, for ₹125 crore. The investor exited from Shriram ...
read more
In first Indian real estate investment Mitsubishi invests Rs 180 crore in Shriram Properties project

In first Indian real estate investment Mitsubishi invests Rs 180 crore in Shriram Properties project

In the past Shriram has partnered with TPG, Tata Capital, Walton Street Capital and Starwood Capital.( Representative Image) Marking Mitsubishi’s entry into the Indian real estate sector, the company’s investment arm and Shriram Properties signed defin...
read more
Shriram EPC Surges 16% On Plan to Convert Debt Into Equity

Shriram EPC Surges 16% On Plan to Convert Debt Into Equity

Shriram EPC approved plan to convert working capital loan into equity shares (Representational image) Shares of Shriram EPC surged as much as 16 per cent to Rs 29.60 today after the company’s board approved the conversion of Rs 1,280 crore...
read more