Shriram Finance stock plunges 7% before investor gathering.

TLDR:

• Shriram Finance share price tanks 7% ahead of investors meet.
• The financial stock has been falling ahead of the investors’ meet and the company management.

In recent news, Shriram Finance share price took a hit, dropping more than 7% ahead of an upcoming investors’ meeting on 29th February 2024. The non-banking financial company informed Indian stock market exchanges about the scheduled meetings with various investors, including Marshall Wace Asia Ltd, Schonfeld, and LionRock Capital, among others. The investors’ meeting will focus on Q3 FY 2024 updates and public domain disclosures.

Shriram Finance shares have been under significant sell-off pressure since the early morning session, opening at a downside and touching an intraday low of ₹2,257 per share level. Investors are advised to exercise caution and consult with certified experts before making any investment decisions based on individual analysts’ views and recommendations.