Shriram Finance share price closes at ₹995; rises 1.63% on September 17

Key Takeaways

• Shriram Finance gained ₹16 or 1.63% to ₹995 after moving through a ₹978–₹1,006 session range. 
• The closing price remained below the 50-day and 100-day DMAs but stood ₹23.20 above the 200-day DMA of ₹971.80. 
• The one-year return was 60.98%, far above the six-month reading of 0.30% and the negative shorter-period returns. 

Shriram Finance share price closed September 17 at ₹995, up ₹16 or 1.63%. The stock opened at ₹979, matching the rounded previous close, and briefly moved down to ₹978. It later crossed ₹1,000 intraday and reached ₹1,006 before ending back below that level. The full high-low range measured ₹28. 

The stock closed ₹17 above the day's low and ₹11 below the high. Trading volume reached 4,390,589 shares. Market capitalisation was ₹2,34,128 crore. Shriram Finance's 52-week range extended from ₹603 to ₹1,154. At ₹995, the final price was ₹392 above the annual low and ₹159 below the high. 

Moving-average placement was mixed. The 50-day DMA stood at ₹1,055.40, leaving the closing price ₹60.40 below it. The 100-day DMA was ₹1,031.70, a difference of ₹36.70. The longer 200-day DMA was lower at ₹971.80, placing Shriram Finance ₹23.20 above that measure. 

The most striking return figure was the one-year reading of 60.98%. In contrast, the one-month return was -11.32% and three-month performance was -1.07%. Six-month return was barely positive at 0.30%. The gap between the one-year and shorter-period figures was therefore substantial. 

September 17 itself added 1.63% after an opening around the previous close. The stock reached ₹1,006 before finishing at ₹995, so it did not retain the full move above ₹1,000. Even after the daily gain, Shriram Finance remained below its 50-day and 100-day DMAs. It stayed above the 200-day average, however, and remained considerably nearer its ₹1,154 52-week high than its ₹603 low in absolute rupee distance. More than 4.3 million shares traded during the ₹28 session range.