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Shares of Shriram Finance Ltd. traded 0.74 per cent up in Monday's trade at 11:16AM (IST). Around 6,331 shares changed hands on the counter. The scrip opened at Rs 2821.55 and touched an intraday high and low of Rs 2853.0 and Rs 2788.1, respectively, in the session so far. Shares of the company of Shriram Finance Ltd. quoted a 52-week high of Rs 2853.0 and a 52-week low of Rs 1641.65.

Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to widen access to invoice finance by removing the traditional barriers involved for lenders and their clients. Lendscape CONNECT brings together open accounting technology and advanced Shadow Ledger functionality to digitalise and automate the invoice finance operations for banks and lenders, driving down costs while providing improved risk control. Available on the award-winning Lendscape platform, the new solution promises to completely remove the burden of month-end reconciliations, saving lenders up to four hours per client each month.

Phoenix Global Resources logoShares of Phoenix Global Resources plc passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 6.50 ($0.08) and traded as low as GBX 5 ($0.06). Phoenix Global Resources shares last traded at GBX 6.50 ($0.08), with a volume of 52,946 shares.

Private Credit Platform Organized into Direct Lending and Securitized Credit Specializations ORIX Corporation USA (ORIX USA), announced today the appointment of Nik Singhal as Managing Director and Group Head of Direct Lending within its Private Credit business. Mr. Singhal is based in New York and will report to Jeff Abrams, Group Head of Private Credit and Real Estate and Member, Executive Committee. Mr. Singhal will also join ORIX USA’s Management Committee. His start date at the firm is July 8, 2024.