Shriram Finance Ltd Hits Rs 215.61 Crores in Total Traded Value Today

Shriram Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has shown significant trading activity today. The stock, identified by the symbol SHRIRAMFIN, recorded a total traded volume of 2,683,032 shares, with a total traded value of approximately Rs 215.61 crores.
Opening at Rs 792.45, the stock reached an intraday high of Rs 814.15, reflecting a 2.22% increase, while the day's low was Rs 792.25. The last traded price (LTP) stands at Rs 803.00. Over the past three days, Shriram Finance has demonstrated a positive trend, gaining 8.15% in returns.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks. Additionally, the delivery volume surged to 1.08 crore shares on November 3, marking an 80.65% increase compared to the 5-day average delivery volume, suggesting rising investor participation.

With a market capitalization of Rs 1,51,071.80 crores, Shriram Finance remains a liquid stock, suitable for trades of up to Rs 21.39 crores based on 2% of the 5-day average traded value. Overall, the stock's performance today aligns well with sector trends, reflecting a robust market position.