Shriram Finance, HAL and Siemens Energy India Slip Around 3% as Nifty 100 Trades Lower

Shriram Finance, Hindustan Aeronautics Limited (HAL) and Siemens Energy India were among the biggest drags on the Nifty 100 on Tuesday, September 15, with all three stocks losing close to 3% during the session. 

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The weakness was not limited to these counters. Solar Industries India, CG Power, Bharat Electronics, Grasim Industries and Lodha Developers also figured among the Nifty 100’s top losers. At the time cited in the report, the index was down 0.50% at 24,418 points. 

HCL Technologies, TCS, Infosys and LTM Limited were among the stocks trading on the other side of the market. 

Shriram Finance drops 3.5% 

Shriram Finance saw the steepest decline among the three major laggards. The stock was trading 3.5% lower at ₹992.40 on the NSE at 1 pm, valuing the company at ₹2,33,651.27 crore. 

During the day, the shares moved between ₹988 and ₹1,044.90. 

The latest fall added to the stock’s recent weakness. Shriram Finance has lost 11.5% over the past month and was down about 2.64% in 2026 so far. Over a one-year period, however, the stock was still up around 59.19%. 

The company recently approved the allotment of 61,491 fully paid-up equity shares with a face value of ₹2 each. The shares were allotted to 65 employees following the exercise of fresh stock options. 

HAL gives back part of last week’s gains 

HAL shares were down 3.06% at ₹4,756.60 on the NSE at noon, with the defence company’s market capitalisation at ₹3,18,002.51 crore. 

The stock touched ₹4,940 at its highest point during the session before falling as low as ₹4,725. 

Tuesday’s decline followed gains in HAL shares during the previous week, when the stock had moved higher after the Defence Acquisition Council approved the procurement of Advanced Light Helicopters. 

Even after the recent movement, HAL was up around 8.12% in 2026. Over the past month, the stock had declined approximately 5.47%. 

Siemens Energy India falls 2.84% 

Siemens Energy India was also under pressure, trading 2.84% lower at ₹3,091.50 on the NSE at 12:10 pm. Its market capitalisation stood at ₹1,10,098.22 crore. 

The shares traded in a range of ₹3,086 to ₹3,200 during the session. 

The decline came after a recent clarification issued by Siemens Energy India concerning a media report related to the company’s Blue portfolio and cleaner high-voltage grid infrastructure. 

With Shriram Finance, HAL and Siemens Energy India all trading lower, the three stocks remained among the notable Nifty 100 laggards during Tuesday’s session.