Shriram Finance Ltd.

Credit rating agency, CRISIL Research has assigned an IER fundamental grade of 5/5 to Shriram Transport Finance Company. The grade indicates that the company's fundamentals are excellent relative to other listed equity securities in India. The rating agency has also assigned valuation grade of 4/5 to the company.

Shriram Transport Finance is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC. The company was with an objective to provide hire purchase and lease finance for the medium and heavy commercial vehicles to individual truck operators.