Archive · 19 Jan 2026
Morgan Stanley Upgrades Shriram Finance Target
Morgan Stanley, a big finance company, thinks Shriram Finance is going to do really well.
They raised the price target for Shriram Finance's stock to Rs 1,325 because they believe a deal with MUFG (another finance company) will help Shriram Finance get better access to money, make more profits, and grow faster.
Morgan Stanley thinks Shriram Finance's assets will grow by 18% every year from 2026 to 2031, and their profits will also increase a lot.
They are very confident about this and added Shriram Finance to their list of top picks.
Morgan Stanley raised Shriram Finance's price target to Rs 1,325 from Rs 925 and added it to its Top Pick list.
The proposed MUFG stake acquisition is expected to improve Shriram Finance's profitability, funding costs, and growth.
Morgan Stanley forecasts an 18% compound annual growth rate in assets under management from FY26 to FY31.
Return on assets is expected to remain above 4%, and return on equity is projected to reach 16% by FY31.
Annual EPS growth is forecasted at 23% from FY26 to FY28 and 17.5% from FY28 to FY31.
- Who
- Morgan Stanley
- What
- Upgraded Shriram Finance's price target to Rs 1,325 and added it to its Top Pick list
- When
- January 16
- Where
- Not specified
- Why
- Due to the proposed MUFG stake acquisition, which is expected to improve profitability, funding costs, and growth
- Stock
- Shriram Finance
- Brokerage
- Morgan Stanley
- New Price Target
- Rs 1,325
- Previous Price Target
- Rs 925
- Expected AUM CAGR
- 18% (FY26–31)
- Expected ROA
- Above 4%
- Expected ROE
- 16% by FY31
- Expected EPS Growth
- 23% (FY26–28), 17.5% (FY28–31)