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27 Jun 2023

Piramal Enterprises Limited's exit from Shriram Finance Ltd has a positive impact on its bonds

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Piramal Enterprises Ltd has sold 8.34% stake in SFL on 21st June. However, bond yield f Shriram Finance has been stable as well its equity price. Post merger, asset quality of SFL has been improved.

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Subhasis Mishra
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