Shriram Finance Exhibits Strong Trading Activity and Increased Investor Participation

Shriram Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has shown significant trading activity today, marking it as one of the most active equities by value. The stock, trading under the symbol SHRIRAMFIN, recorded a total traded volume of 20,111,719 shares, with a total traded value of approximately Rs 135.78 crores.
The stock opened at Rs 654.0 and reached a day high of Rs 690.9, while the day low was Rs 644.3. As of the last update, the last traded price (LTP) stood at Rs 687.0, reflecting a 2.25% increase for the day. Notably, Shriram Finance has outperformed its sector by 0.58% and has been on a positive trajectory, gaining 9.08% over the last three days.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the delivery volume today reached 95.03 lakhs, a remarkable increase of 235.16% compared to the 5-day average, highlighting rising investor participation. With a market capitalization of Rs 1,29,502 crores, Shriram Finance continues to demonstrate robust liquidity, suitable for substantial trade sizes. Overall, the stock's performance today underscores its active market presence and positive momentum.