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Shriram Finance shares crash 6% as Jefferies, Citi, and other brokerages slash target prices after Q2 results. Why do they still say ‘Buy’?

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Core Development: Shriram Finance shares crash 6% as Jefferies, Citi, and other brokerages slash target prices after Q2 results. Why do they still say ‘Buy’?

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Market & Financial Impact: Shriram Finance shares fell sharply on Monday after Jefferies, Citi and Motilal Oswal cut their target prices following the NBFC’s Q2 results. Despite concerns over rising credit costs and rural stress, all three brokerages retained their ‘Buy’ ratings, citing strong net interest income, resilient margins and long-term growth potential.

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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Shriram Finance shares crash 6% as Jefferies, Citi, and other brokerages slash target prices after Q2 results. Why do they still say ‘Buy’?

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