Shriram Finance Stock Rises 1.91% Over Four Consecutive Days

Shriram Finance, a prominent player in the Non-Banking Financial Company (NBFC) sector, has shown notable activity today, aligning its performance with sector trends. The stock has experienced a consecutive gain over the past four days, reflecting a return of 1.91% during this period. Currently, Shriram Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short to long-term trend.
With a market capitalization of Rs 1,25,366.46 crore, Shriram Finance operates within a competitive landscape, boasting a price-to-earnings (P/E) ratio of 15.06, which is significantly lower than the industry average of 23.10.

In terms of performance metrics, Shriram Finance has faced a slight decline of 1.67% over the past year, contrasting with the Sensex's gain of 1.76%. However, the stock has shown resilience with a year-to-date increase of 15.10%, outperforming the Sensex's 6.14%. Over the longer term, Shriram Finance has delivered impressive returns, with a 5-year performance of 415.27% compared to the Sensex's 107.43%.