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Shriram Finance Shares Crash Over 6% To 11-Month Low, Weak Loan Growth Outlook And Rising Credit Costs Worry Investors

Shriram Finance Shares Crash Over 6% To 11-Month Low, Weak Loan Growth Outlook And Rising Credit Costs Worry Investors
Photo: Free Press Journal · view original

Mumbai: Shriram Finance shares plunged more than 6 per cent during Monday's trading session, touching an 11-month low as investors reacted to reduced loan growth guidance and concerns over rising credit costs. The non-banking financial company (NBFC) emerged as the biggest loser on the Nifty 50 d...

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