Shriram Finance Upgraded to AAA Credit Rating Following MUFG Deal

Monday, Dec 29, 2025 9:54 pm ET1min read

Shriram Finance shares are in focus after CARE Ratings upgraded its credit rating to AAA following a deal with Japan's MUFG. The upgrade reflects the company's operational and financial performance and the Japanese bank's acquisition of a 20% stake for $4.4 billion. Investors view the deal as a strong endorsement of Shriram Finance's fundamentals and long-term growth prospects. Nomura and Citi have raised their target prices on the stock, while PL Capital reiterated its Buy call.

Shriram Finance Upgraded to AAA Credit Rating Following MUFG Deal

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