Surge in Open Interest for Shriram Finance Signals Active Market Dynamics

Apr 22 2025 03:00 PM IST
share
Share Via
Shriram Finance Ltd has seen a significant rise in open interest, reaching 68,119 contracts, alongside a trading volume of 42,034 contracts, indicating active market engagement. The stock has shown resilience with a 0.42% gain today and a 12.92% increase over the past six trading days, despite a decline in delivery volume.
Shriram Finance Ltd, a prominent player in the Finance/NBFC sector, has experienced a significant increase in open interest today. The latest open interest stands at 68,119 contracts, marking a notable rise of 11,197 contracts or 19.67% from the previous open interest of 56,922. This surge in open interest comes alongside a trading volume of 42,034 contracts, indicating active market participation.

In terms of price performance, Shriram Finance has shown resilience, gaining 0.42% today, while the stock has recorded a total increase of 12.92% over the past six consecutive trading days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend in its price trajectory.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 19.87% compared to the 5-day average. The liquidity remains robust, with the stock being liquid enough for a trade size of Rs 7.13 crore, based on 2% of the 5-day average traded value.

In summary, the notable increase in open interest for Shriram Finance highlights active trading dynamics, while the stock's performance metrics indicate a solid position within its sector.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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