CRISIL Research has revised Shriram City Union Finance’s CRISIL IER fundamental grade to 4/5 from 3/5. The grade indicates that the company’s fundamentals are ‘superior’ relative to other listed equity securities in India.
The credit rating agency has also assigned a valuation grade of 4/5, indicating that market price has ‘upside’ from the current level.
Shriram City Union Finance has presence in the following business segments - loan Against Gold (LAG), Small Business Finance Loans (SBF), Auto Loans, 2-Wheeler loans, Personal Loans and Consumer Durables Loans.
