Surge in Open Interest Signals Shift in Market Dynamics for Shriram Finance

Jun 23 2025 02:00 PM IST
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Shriram Finance Ltd has seen a notable rise in open interest, reaching 83,668, alongside a trading volume of 61,139. Despite underperforming its sector, the stock remains above key moving averages, with a significant increase in delivery volume. The company maintains a market capitalization of Rs 1,24,378.04 crore.
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 83,668, reflecting a rise of 11,479 from the previous open interest of 72,189, marking a percentage change of 15.9%. This surge in open interest comes alongside a trading volume of 61,139, indicating heightened activity in the stock.

In terms of price performance, Shriram Finance underperformed its sector by 1.51%, with the stock reaching an intraday low of Rs 648.3, down 2.71%. Despite this, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages. Notably, the delivery volume has seen a substantial increase, rising by 101.93% against the 5-day average, with a total delivery volume of 46.02 lakh shares.

With a market capitalization of Rs 1,24,378.04 crore, Shriram Finance continues to maintain a liquid trading environment, suitable for transactions of Rs 6.46 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a shift in market dynamics for Shriram Finance, reflecting the stock's current trading landscape.
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