Shriram Finance share price jumps 4.88% to ₹863.35 on November 2

Veena Lathe - 0 min read

Last Updated: 2nd November 2026 - 06:29 pm

Key Takeaways

  • Shriram Finance closed at ₹863.35, gaining 4.88%, after opening at ₹830 and moving as high as ₹871.
  • Volume reached 8,861,260 shares, while the close remained almost ₹100 below both the 50-day and 200-day DMAs.
  • One-year return remained positive at 15.28%, contrasting with negative one-, three- and six-month returns.

Shriram Finance share price ended November 2 at ₹863.35, up 4.88% from the previous close of approximately ₹823. The stock opened at ₹830, which also marked the session low, and climbed to ₹871. It finished ₹7.65 below the high and ₹33.35 above the opening level. Trading volume reached 8,861,260 shares.

The day's range measured ₹41. Shriram Finance retained most of the advance from the low to the high and ended close to the upper boundary of the session.

Even after the nearly 5% gain, the stock remained below its moving averages. The 50-day DMA was ₹959.70, leaving a ₹96.35 gap. The 100-day DMA stood at ₹985, which was ₹121.65 above the close. The 200-day DMA at ₹961.70 was ₹98.35 higher. The 50-day and 200-day averages themselves were separated by only ₹2.

The 52-week range extended from ₹759 to ₹1,154. At ₹863.35, Shriram Finance was ₹104.35 above the annual low and ₹290.65 below the high. The stock therefore remained closer to the bottom of its annual range.

Returns were particularly contrasting. One-month performance stood at -8.64%, three months at -17.52% and six months at -7.89%. The one-year return, however, remained positive at 15.28%.

The November 2 rally was substantial but did not bring the share back to its major moving-average levels. The stock gained 4.88%, traded almost 8.9 million shares and closed near the session high, while its one-year return remained positive despite weaker shorter-period figures.

Frequently Asked Questions

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