TheScreener - Shriram City Union Finance Ltd. (SHRIRAMCIT) SHRIRAM CITY UNION FIN. increases its risk exposure and slightly lowers to Neutral

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SHRIRAM CITY UNION FIN. increases its risk exposure and slightly lowers to Neutral

SHRIRAM CITY UNION FIN. (IN), a company active in the Consumer Finance industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date February 22, 2022, the closing price was INR 1,710.85 and its expected value was estimated at INR 1,805.82.

23/02/2022 1 EN

Underlying

Shriram City Union Finance Ltd.

Shriram City Union Finance Limited is an India-based non-banking financial company (NBFC). The Company is specialized on offering retail financing solutions, which include micro small and medium enterprise (MSME) loans. It offers a range of options for financing the purchase of two wheeler vehicles across manufacturers and brands. It offers loan against gold jewelry. It offers loans to finance the purchase of new and pre-owned passenger and commercial vehicles, which includes three wheelers, four wheelers, pre-owned and new cars. It offers home loans, through its subsidiary, Shriram Housing Finance Ltd. (SHFL).

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INE722A01011 National Stock Exchange of India India

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SHRIRAM CITY UNION FIN. increases its risk exposure and slightly lowers to Neutral

Empowering Investors

MOSL: SHRIRAM CITY UNION FINANCE (Buy)-Seeing strength on liability side; growth momentum to sustain

Monthly LMI Update Independent Investment Research

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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