Intraday Price Movement and Trading Action
On 3 Feb 2026, Shriram Finance Ltd opened with a significant gap up, rising 4.61% from its previous close. The stock maintained strong momentum throughout the trading session, eventually touching an intraday high of Rs 1,044.4, representing an 8.54% increase on the day. This marked the highest price level for the stock in the past 52 weeks.
The day’s closing gain stood at 5.39%, substantially outperforming the broader Sensex index, which recorded a 2.68% increase on the same day. The stock’s outperformance was also notable against its sector peers, with the Non Banking Financial Company (NBFC) sector gaining 3.86% and Shriram Finance exceeding this by 1.65%.
After three consecutive sessions of decline, the stock reversed its trend decisively, signalling renewed buying interest and positive trading sentiment. The price action was supported by the stock trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong technical position.
Sector and Market Context
The NBFC sector, to which Shriram Finance belongs, showed solid gains on the day, rising 3.86%. This sectoral strength contributed to the stock’s positive momentum. Meanwhile, the broader market displayed mixed signals. The Sensex opened sharply higher by 3,656.74 points but lost momentum during the session, closing 1,403.15 points lower at 83,920.05, a 2.76% decline from its peak. Despite this, the Sensex remained close to its 52-week high of 86,159.02, just 2.67% away.
Market breadth was supported by mega-cap stocks leading the gains, although the Sensex was trading below its 50-day moving average, which itself was positioned above the 200-day moving average, suggesting a cautiously positive medium-term trend.
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Performance Metrics and Historical Context
Shriram Finance Ltd’s performance over various time frames highlights its strong market presence and resilience. The stock has delivered a 1-day gain of 5.38%, outperforming the Sensex’s 2.68% rise. Over the past week, the stock gained 1.22%, slightly lagging the Sensex’s 2.44% increase. In the one-month period, Shriram Finance posted a modest 0.52% gain, contrasting with the Sensex’s 2.23% decline.
Longer-term performance remains impressive, with a 3-month return of 27.30% compared to the Sensex’s marginal -0.15%. Over one year, the stock surged 84.36%, significantly outpacing the Sensex’s 8.64% gain. Year-to-date, Shriram Finance has risen 1.79%, while the Sensex declined 1.61%. The stock’s three-year and five-year returns stand at 296.39% and 246.11%, respectively, dwarfing the Sensex’s 37.82% and 66.85% gains over the same periods. Over a decade, the stock has appreciated by 530.60%, more than double the Sensex’s 246.16% increase.
Mojo Score and Rating Update
On 15 Dec 2025, Shriram Finance Ltd’s Mojo Grade was upgraded from Hold to Buy, reflecting improved fundamentals and technical outlook. The company holds a Mojo Score of 72.0, indicating a favourable investment profile based on MarketsMOJO’s comprehensive analysis. The stock’s Market Cap Grade is rated 1, denoting its status as a large-cap entity within the NBFC sector.
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Technical Indicators and Moving Averages
The stock’s current trading above all major moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – underscores a strong upward trend. This technical positioning suggests sustained buying interest and a positive momentum shift following the recent three-day decline. The gap-up opening and subsequent intraday high reinforce the stock’s renewed strength in the market.
Such alignment across multiple moving averages is often interpreted as a bullish signal by market participants, reflecting confidence in the stock’s near-term price trajectory.
Market Sentiment and Comparative Analysis
Despite the broader market’s mixed performance, with the Sensex retreating after an initial surge, Shriram Finance Ltd’s strong intraday gains highlight its relative strength. The stock’s ability to outperform both the benchmark index and its sector peers indicates a differentiated trading pattern on the day.
The NBFC sector’s 3.86% gain provided a supportive backdrop, but Shriram Finance’s 5.39% rise and new 52-week high demonstrate a distinct positive momentum that sets it apart within the industry.
Summary of Key Trading Highlights
To summarise, Shriram Finance Ltd’s trading session on 3 Feb 2026 was characterised by:
- New 52-week high of Rs 1,044.4, an 8.54% intraday increase
- Closing gain of 5.39%, outperforming Sensex and NBFC sector
- Gap-up opening at 4.61% above previous close
- Trading above all major moving averages, signalling strong technical momentum
- Reversal after three days of decline, indicating renewed buying interest
These factors collectively highlight a day of strong intraday performance for Shriram Finance Ltd, reflecting both sectoral strength and individual stock momentum.
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