Shriram Finance rises 0.59% as Sensex climbs

economictimes.indiatimes.com:

Shriram Finance Ltd. traded at Rs 2910.0 on BSE at 12:58PM (IST) on Wednesday, up 0.59 per cent from previous close.
The scrip 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 7,070 lakh shares changed hands on the counter till 12:58PM (IST).
The stock of Shriram Finance Ltd. commanded a market value of Rs 109217.36 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 14.21, 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, 155 stocks traded in the green, while 345 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 foreign portfolio investors 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 2398.27 on August 14, while the 50-DMA was at 2802.27. 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.