19 Jun 2025

Shriram Finance Shares Edge Up; Revises FD Interest Rates Effective June 26

Shriram Finance is currently trading at RS. 663.50, up by 1.75 points or 0.26% from its previous closing of RS. 661.75 on the BSE.

The stock opened at RS. 660.00 and has touched a high of RS. 669.05 and a low of RS. 658.45 so far. A total of 13,224 shares have been traded on the counter.

Classified under BSE group 'A', the stock with a face value of RS. 2 hit a 52-week high of RS. 730.43 on September 27, 2024, and a 52-week low of RS. 493.60 on January 20, 2025. In the past week, it recorded a high of RS. 681.30 and a low of RS. 644.30. The current market capitalization of the company stands at RS. 124677.24 crore.

The company's shareholding pattern shows 25.40% held by promoters, 68.91% by institutions, and 5.69% by non-institutions.

Shriram Finance has announced a revision in its fixed deposit (FD) interest rates, effective from June 26. According to the updated structure, senior citizens (aged 60 and above) will receive an additional 0.50% interest per annum, while women depositors will get an extra 0.05% interest per annum.

As per the revised rates, 12-month deposits will offer 7.35%, down from the current 7.65%. For digital-mode deposits of 15 months, the interest rate will be revised to 7.50%, compared to the existing 7.90%.

Shriram Finance, formerly Shriram Transport Finance Company, is one of India's largest asset financing NBFCs. It provides comprehensive financial solutions to the commercial vehicle sector and primarily supports small truck owners with all asset-related financial needs.