Shriram Finance declines 2.74% as Sensex slides

economictimes.indiatimes.com:

Shriram Finance Ltd. traded at Rs 2895.2 on BSE at 01:55PM (IST) on Tuesday, down 2.74 per cent from previous close.
The stock quoted a 52-week low price of Rs 1759.2 and a high of Rs 3058.95.

Earlier, shares of the company saw a gap up opening in the morning.
A total of 39,347 lakh shares changed hands on the counter till 01:55PM (IST).
The stock of Shriram Finance Ltd. commanded a market value of Rs 109296.3 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 14.22, while the price-to-book value ratio stood at 1.81. Return on equity (ROE) was at 15.04 per cent, according to exchange data.
In the BSE500 pack, 170 stocks traded in the green, while 330 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.69.
Promotor/FII Holding Promoters held 25.0 per cent in Shriram Finance Ltd. as of 30-Jun-2024 while overseas and domestic institutional investors owned 54.28 per cent and 10.18 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2392.82 on August 13, while the 50-DMA was at 2794.35. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.