Shriram Finance (NSE: SHRIRAMFIN) share price advanced in Monday’s session in contrast to most large-cap stocks on NSE (National Stock Exchange). The board of the company will consider raising funds via non-convertible debentures via private placement basis.
Shriram Finance share price today
Shriram Finance shares: Why is the NBFC stock down 80% on few trading apps today?
In a surprise to many investors, shares of Shriram Finance Ltd, which settled at Rs 2,828.95 apiece in the previous trading session on Thursday, opened at Rs 569.95 on Friday, indicating about a 80 per cent fall in its price. However, the non-banking finance player was due for a stock split on Friday, January 10.