Shriram Finance Stock Plunges 80%: What's Behind the Sudden Drop on Trading Apps?

2025-01-10
Shriram Finance Stock Plunges 80%: What's Behind the Sudden Drop on Trading Apps?
Business Today on MSN.com

Shriram Finance's stock has taken a significant hit, plummeting 80% on certain trading apps. The non-banking financial company (NBFC) had recently announced a record date for a stock split, with a 1:5 ratio set for January 10, 2025. This move was intended to make the shares more affordable for investors. However, the sudden downturn has raised concerns among stakeholders. As the financial sector continues to evolve, investors are advised to stay informed about market trends andNBFC news to make informed decisions. Key factors such as stock splits and market volatility can impact investment portfolios.

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