Shriram Finance shares were in demand as the financial services major reported strong growth in interest income and also reported better than expected quarterly numbers.

Motilal Oswal has reaffirmed its BUY rating on Shriram Finance (SHFL) with a 12-month target price of Rs 800, signaling 23% upside potential from current levels.

Motilal Oswal Financial Services (MOFSL) has reaffirmed its "Buy" recommendation for Shriram Finance (SHFL), increasing the target price to Rs 700, indicating a potential upside of 33% from the cur

Shriram Finance stock witnessed strong buying on Wednesday and the stock closed 1.9 percent higher at Rs 3,247. Shriram Finance touched an intraday high of Rs 3,267.60.

Shriram Finance share price jumped by 2.8 percent in early trades on Wednesday as stock markets opened positive. Shriram Finance was among the top gainers in today's session.

Shriram Finance Limited stock opened the trading session at Rs 3,444 and touched intraday high (and yearly high as well) at Rs 3541 at the time of publication of this report.