SHRIRAMFIN.NS vs. INDIGO.NS
SHRIRAMFIN.NS (Shriram Finance Limited) and INDIGO.NS (InterGlobe Aviation Limited) are both stocks. SHRIRAMFIN.NS operates in Credit Services (Financial Services), while INDIGO.NS operates in Airlines (Industrials). Over the past 10 years, SHRIRAMFIN.NS returned 17.75%/yr vs 17.52%/yr for INDIGO.NS. At a 0.25 correlation, their price movements are largely independent.
Performance
SHRIRAMFIN.NS vs. INDIGO.NS - Performance Comparison
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Returns By Period
In the year-to-date period, SHRIRAMFIN.NS achieves a -4.14% return, which is significantly higher than INDIGO.NS's -6.91% return. Both investments have delivered pretty close results over the past 10 years, with SHRIRAMFIN.NS having a 17.75% annualized return and INDIGO.NS not far behind at 17.52%.
SHRIRAMFIN.NS
- 1D
- 7.75%
- 1M
- 3.74%
- YTD
- -4.14%
- 6M
- 12.61%
- 1Y
- 44.46%
- 3Y*
- 51.80%
- 5Y*
- 28.70%
- 10Y*
- 17.75%
INDIGO.NS
- 1D
- 4.60%
- 1M
- 10.67%
- YTD
- -6.91%
- 6M
- -3.10%
- 1Y
- -13.86%
- 3Y*
- 26.33%
- 5Y*
- 21.37%
- 10Y*
- 17.52%
SHRIRAMFIN.NS vs. INDIGO.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHRIRAMFIN.NS Shriram Finance Limited | -4.14% | 75.05% | 43.05% | 54.45% | 14.41% | 17.82% | -5.23% | -4.47% | -15.55% | 82.60% |
INDIGO.NS InterGlobe Aviation Limited | -6.91% | 11.28% | 53.49% | 47.79% | -0.49% | 17.07% | 29.23% | 14.82% | -2.72% | 50.66% |
Correlation
The correlation between SHRIRAMFIN.NS and INDIGO.NS is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2015 | 0.25 |
The correlation between SHRIRAMFIN.NS and INDIGO.NS shifts across timeframes, from 0.25 (all time) to 0.45 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SHRIRAMFIN.NS vs. INDIGO.NS — Risk / Return Rank
SHRIRAMFIN.NS
INDIGO.NS
SHRIRAMFIN.NS vs. INDIGO.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shriram Finance Limited (SHRIRAMFIN.NS) and InterGlobe Aviation Limited (INDIGO.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SHRIRAMFIN.NS | INDIGO.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.95 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | -0.39 | +2.57 |
| Martin ratioReturn relative to average drawdown | 4.93 | -0.77 | +5.70 |
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Drawdowns
SHRIRAMFIN.NS vs. INDIGO.NS - Drawdown Comparison
The maximum SHRIRAMFIN.NS drawdown since its inception was -71.85%, which is greater than INDIGO.NS's maximum drawdown of -54.65%. Use the drawdown chart below to compare losses from any high point for SHRIRAMFIN.NS and INDIGO.NS.
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Drawdown Indicators
| SHRIRAMFIN.NS | INDIGO.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.85% | -54.65% | -17.20% |
Max Drawdown (1Y)Largest decline over 1 year | -21.05% | -35.94% | +14.89% |
Max Drawdown (3Y)Largest decline over 3 years | -29.00% | -35.94% | +6.94% |
Max Drawdown (5Y)Largest decline over 5 years | -38.35% | -35.94% | -2.41% |
Max Drawdown (10Y)Largest decline over 10 years | -71.85% | -54.65% | -17.20% |
Current DrawdownCurrent decline from peak | -13.55% | -23.49% | +9.94% |
Average DrawdownAverage peak-to-trough decline | -19.73% | -16.95% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.22% | 18.29% | -9.07% |
Volatility
SHRIRAMFIN.NS vs. INDIGO.NS - Volatility Comparison
Shriram Finance Limited (SHRIRAMFIN.NS) has a higher volatility of 10.42% compared to InterGlobe Aviation Limited (INDIGO.NS) at 8.94%. This indicates that SHRIRAMFIN.NS's price experiences larger fluctuations and is considered to be riskier than INDIGO.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHRIRAMFIN.NS | INDIGO.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.42% | 8.94% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 29.08% | 28.31% | +0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.24% | 32.70% | +2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.90% | 31.93% | +2.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.86% | 35.53% | +7.33% |
Dividends
SHRIRAMFIN.NS vs. INDIGO.NS - Dividend Comparison
SHRIRAMFIN.NS's dividend yield for the trailing twelve months is around 0.82%, more than INDIGO.NS's 0.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
INDIGO.NS InterGlobe Aviation Limited | 0.21% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 0.51% | 2.82% | 1.83% |
SHRIRAMFIN.NS Shriram Finance Limited | 0.82% | 1.03% | 1.63% | 2.68% | 0.87% | 1.64% | 0.57% | 1.05% | 0.91% | 3.71% | 0.00% |
Financials
SHRIRAMFIN.NS vs. INDIGO.NS - Financials Comparison
This section allows you to compare key financial metrics between Shriram Finance Limited and InterGlobe Aviation Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
SHRIRAMFIN.NS and INDIGO.NS have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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