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2661.1 -14.50

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1369.6 -8.80

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7140 -33.50

Nestle India

1283.2 -12.50

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2735.6 22.00

Hindalco Inds.

939.2 11.10

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2368 -11.10

ITC

324.75 -1.55

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339.25 1.40

Tata Steel

184.41 0.85

Wipro

239.55 -0.35

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6826.5 -86.00

Dr Reddy's Labs

1157.2 -9.50

Titan Company

4079.2 3.70

SBI

1028.65 -7.75

Shriram Finance

986 -1.50

Bharat Electron

402.65 -6.70

Kotak Mah. Bank

421.6 -2.20

Infosys

1654.4 -4.50

Bajaj Finance

936.25 3.05

Adani Enterp.

2032.2 -22.90

Sun Pharma.Inds.

1612.9 -0.90

JSW Steel

1174.6 14.60

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920.35 -10.85

TCS

3122.6 20.30

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1349 -26.80

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255.8 1.75

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15770 -109.00

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1284.9 -8.60

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1682.5 -4.80

O N G C

242.37 1.98

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338.7 -0.05

Coal India

414.05 -1.25

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1996.1 0.10

Tech Mahindra

1686.7 8.20

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263.25 -2.25

Adani Ports

1378.6 11.00

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724.35 -7.75

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2055.4 6.30

Max Healthcare

1004.2 11.30

UltraTech Cem.

12231 172.00

Bajaj Auto

9179 -1.00

Bajaj Finserv

1959.9 1.20

Interglobe Aviat

4857.5 67.50

Eternal

283.5 13.90

Corporate News - Detailed News Back
Shriram Finance receives upgrade in credit ratings from Fitch Rating
21-Jan-26   19:57 Hrs IST

Fitch Ratings has placed India-based Shriram Finance's (SFL) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of 'BB+' and Short-Term IDR of 'B' on Rating Watch Positive (RWP). The company's medium-term note programme and debt ratings have also been placed on RWP.

The RWP follows an agreement under which MUFG Bank (A/Stable), a subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG, A-/Stable), will acquire a 20% stake in SFL. Fitch believes SFL's rating could benefit from a one-notch uplift to its Standalone Credit Profile (SCP), reflecting the strategic investment from a stronger long-term shareholder, in line with Fitch's criteria.

Fitch expects to resolve the RWP once the transaction is completed, which SFL expects to occur in 2026, subject to regulatory approvals and other closing conditions. The rating could stay at its present level or be upgraded upon the resolution of the RWP.

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