Shriram Finance Stock Declines 1.39% Over Two Days, Underperforms Sector

Shriram Finance, a prominent player in the Non-Banking Financial Company (NBFC) sector, has shown notable activity today, underperforming the sector by 0.44%. The stock has experienced a consecutive decline over the past two days, with a total drop of 1.39% during this period. It opened at Rs 660 and has maintained this price throughout the trading session.
In terms of moving averages, Shriram Finance's stock is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, but below the 5-day moving average, indicating a mixed short-term performance. The company's market capitalization stands at Rs 1,24,538.77 crore, categorizing it as a large-cap entity.

The stock's price-to-earnings (P/E) ratio is 14.80, significantly lower than the industry average of 22.57. Over the past year, Shriram Finance has recorded a performance decline of 1.00%, contrasting with the Sensex's gain of 0.99%. However, the company has shown resilience with a year-to-date performance of 14.34%, outperforming the Sensex, which has risen by 5.18% during the same period.