Shriram Finance shares fell 2.6% despite a 73% rise in Q3 net profit to Rs 3,249 crore. Total income increased to Rs 10,705 crore, with asset quality improving. HSBC and Jefferies maintain ‘Buy’ ratings, though both revise target prices slightly lower due to higher costs and balance sheet liquidity.
Brent slides over 3%, hits lowest level since 2021
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and