2024-06-13 13:48:32
Shriram Finance market capitalisation crosses ₹1 lakh crore mark; stock jumps 4% Shriram Finance Ltd., which the latest addition to the Nifty 50 index, surged over 4 per cent on Thursday to reach an all-time high of ₹2,679. This milestone pushed the company's overall market capitalization past the ₹1 lakh crore mark.
The company surpassed Torrent Pharmaceuticals and Shree Cement in market capitalization ranking.
Since becoming a Nifty 50 constituent on March 28, 2024, the stock has risen 13%. Overall, shares have gained 30 per cent in 2024. The stock is also on a seven-day winning streak, during which it has climbed 18 per cent, recovering all losses from the June 4 trading session
Source: Mint
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