Financial stocks have been in the spotlight as the broader market navigates volatility. NBFCs, in particular, are seeing renewed investor attention thanks to improving credit demand and positive regulatory changes. Against this backdrop, SHRIRAMFIN is showing encouraging signs both on the fundamental and technical fronts.

Executive Vice Chairman of Shriram Finance, recently guided for stronger business momentum ahead. The company had planned for 15% year-on-year growth, but with improving sentiment and a GST cut boosting demand, growth may touch 17–18% in the coming quarters. Company further added that the third quarter could be much stronger compared to last year, as higher economic activity and improved consumer sentiment drive lending opportunities. The GST changes are expected to create credit demand across sectors — a key positive for NBFCs like SHRIRAMFIN.

The weekly chart of SHRIRAMFIN highlights a constructive setup:

• Weekly Cloud Support: Price action has respected the Ichimoku cloud, bouncing off with a tweezer bottom formation, signaling a strong reversal attempt.
• Weekly Close Above Cloud + Baseline Freeze: The recent weekly close above the cloud, along with baseline (Kijun-sen) holding steady, underlines the stock’s stability.
• RSI Strength Confirmation: Momentum indicators also support the bullish case, with RSI holding at the 40 support zone, a classic sign of strength during corrections.

The combination of positive management commentary and supportive technical structure suggests that SHRIRAMFIN is well placed for a recovery phase. Technically, the stock has respected key supports and shown signs of reversal, which increases the probability of follow-through buying in the coming weeks. Traders can look for a move toward 626 as the first potential target, followed by 640 as the next milestone, while keeping a stop-loss below 575 on a weekly close basis. This alignment of fundamentals and technical makes SHRIRAMFIN a stock to track closely in the near term.