Hot Pursuit     09-Jan-25
Shriram Finance Ltd slips for fifth straight session
Shriram Finance Ltd is quoting at Rs 2825.8, down 2.52% on the day as on 13:19 IST on the NSE. The stock jumped 31.43% in last one year as compared to a 8.9% rally in NIFTY and a 8.31% spurt in the Nifty Financial Services index.

Shriram Finance Ltd is down for a fifth straight session today. The stock is quoting at Rs 2825.8, down 2.52% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 23541.75. The Sensex is at 77635.94, down 0.66%.Shriram Finance Ltd has lost around 11.32% in last one month.Meanwhile, Nifty Financial Services index of which Shriram Finance Ltd is a constituent, has eased around 7.32% in last one month and is currently quoting at 23236.05, down 1.07% on the day. The volume in the stock stood at 5.08 lakh shares today, compared to the daily average of 10.52 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 2835.65, down 2.39% on the day. Shriram Finance Ltd jumped 31.43% in last one year as compared to a 8.9% rally in NIFTY and a 8.31% spurt in the Nifty Financial Services index.

The PE of the stock is 13.94 based on TTM earnings ending September 24.

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  Shriram Finance Ltd slips for fifth straight session
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