Shriram Finance Limited’s stock saw a 2.19% uptick today, closing at Rs 3,085.85. This price increase led to a rise in the company’s market capitalization by approximately Rs 2,493 crore, taking it to Rs 1,16,038.22 crore.
Trading Highlights:
- Opening Price: Rs 3,019.65
- Day’s High: Rs 3,103.25
- Day’s Low: Rs 3,010.70
- Traded Volume: 4.09 lakh shares
- Traded Value: Rs 125.79 crore
This positive movement reflects strong investor sentiment towards the company, positioning it well within the Non-Banking Financial Company (NBFC) sector.
Shriram Finance continues to focus on its diversified lending portfolio, catering to the needs of retail and SME customers. The stock’s performance aligns with an improving outlook for the NBFC sector, driven by steady credit demand and easing inflationary pressures.
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