Shriram Finance511218Non banking financial
Analyst suggests holding Shriram Finance despite correction, expects further dip before bounce
By ScoutQuest · · 1 min read
- Query holding price
- 1,120 rupees
- Recent top level
- 1,150 rupees
- Current price level
- 800 rupees
- Possible further correction level
- 750 rupees
- Expected bounce level
- 925 rupees
Heard on business television between 14:05:15 - 14:08:15 IST.
- Query from Coimbatore investor holding 800 shares at 1,120 rupees, now making a loss.
- Soumil Mehta noted stock had a good run with top around 1,150 before correcting to around 800, a 38% retracement.
- Expects possible further correction towards 750 levels.
- Does not suggest exiting at this point, recommending hold.
- Expects bounce towards 920-925 levels in short to medium term, positive medium and long term.
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Source: Live TV News Channel · 28 Oct 2026
The call above is Soumil Mehta, Sharekhan's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.