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Shriram Finance Ltd spurts 1.73%, gains for third straight session
(13:06, 31 Mar 2023)

Shriram Finance Ltd gained for a third straight session today. The stock is quoting at Rs 1273.4, up 1.73% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.38% on the day, quoting at 17316.55. The Sensex is at 58790.57, up 1.43%. Shriram Finance Ltd has added around 4.24% in last one month.

Meanwhile, Nifty Energy index of which Shriram Finance Ltd is a constituent, has added around 0.57% in last one month and is currently quoting at 17793.85, up 1.14% on the day. The volume in the stock stood at 4.76 lakh shares today, compared to the daily average of 11.17 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1277.3, up 1.45% on the day. Shriram Finance Ltd is up 7.79% in last one year as compared to a 2% fall in NIFTY and a 3.03% fall in the Nifty Energy index.

The PE of the stock is 8.71 based on TTM earnings ending December 22.

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