Shriram Finance Sees Significant Open Interest Surge Amid Increased Trading Activity
Shriram Finance Ltd has seen a notable rise in open interest, reaching 82,809, alongside a trading volume of 53,142. Despite underperforming its sector, the stock remains above its long-term moving averages. The company maintains a significant market capitalization, reflecting a liquid trading environment.
Shriram Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has experienced a significant increase in open interest today. The latest open interest stands at 82,809, marking a rise of 10,620 from the previous open interest of 72,189, which translates to a percentage change of 14.71%. This uptick in open interest coincides with a trading volume of 53,142, indicating heightened activity in the stock.In terms of price performance, Shriram Finance has underperformed its sector by 1.86%, with the stock reaching an intraday low of Rs 648.3, reflecting a decline of 2.71%. The stock's current price is positioned above its 100-day and 200-day moving averages, yet it remains below the 5-day, 20-day, and 50-day moving averages. Notably, the delivery volume surged to 46.02 lakh on June 20, representing a remarkable increase of 101.93% compared to the 5-day average delivery volume.
With a market capitalization of Rs 1,23,569.41 crore, Shriram Finance continues to maintain a liquid trading environment, suitable for transactions up to Rs 6.46 crore based on 2% of the 5-day average traded value. This notable activity in open interest and trading volume underscores the dynamic nature of the stock's market position.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
