Dear Investors,
All of us at Dhan are excited to continue bringing you deeper market insights across our platforms — be it on Dhan, ScanX, or right here on MadeForTrade.
Over time, we have been building tools that help investors and traders make more informed decisions — from Portfolio Insights to Journal, Trader’s Diary, Pre-Market Insights, and ScanX. Each of these has helped users stay closer to markets with actionable data and research.
One of the most unique offerings we introduced is Securities Lending and Borrowing Mechanism (SLBM) — enabling long-term investors to earn passive income by lending idle holdings, while also supporting short-side participation in the market.
Building on this, we continue to share monthly SLBM insights to help you understand lending trends, demand patterns, and yield opportunities across stocks.
April 2026 - SLBM Key Numbers & Insights at a Glance
| Metric | Value |
|---|---|
| Total Rented Value | ₹1,35,14,17,712.56 (₹135 Crores) |
| Total Rented Volume | 24,00,20,192 shares |
| Active Stocks in SLBM | 294 scrips |
April saw a meaningful jump in SLBM activity, with rented value nearing ₹135 Cr and volumes crossing 24 crore shares — indicating stronger participation from both lenders and borrowers.
While large and liquid names continued to dominate lending volumes, there was also a noticeable expansion in mid-cap participation. At the same time, several stocks delivered elevated yields, suggesting pockets of tight supply and sustained short-side demand.
For lenders, this reinforces SLBM as a powerful way to generate additional returns on long-term holdings — without altering underlying portfolio positions.
Top 25 Stocks Traded in SLBM — April 2026
| Name | Expiry | Peak Rent / Share | Peak Yield | Avg. Rent / Share | Avg. Yield | Traded Volume | Traded Value |
|---|---|---|---|---|---|---|---|
| RVNL | 7 Jul 26 | 19.6 | 60.45% | 11.19 | 32.07% | 82,08,997 | 9,18,82,014.07 |
| CDSL | 7 Jul 26 | 15.5 | 7.40% | 7.89 | 4.78% | 8,98,309 | 70,91,782.61 |
| CAMS | 7 Jul 26 | 17 | 17.97% | 5.59 | 7.59% | 8,77,840 | 49,04,356.26 |
| ASTRAL | 2 Jun 26 | 111 | 93.49% | 48.65 | 25.86% | 8,62,181 | 4,19,41,510.65 |
| ETERNAL | 5 May 26 | 1.25 | 20.60% | 0.78 | 9.40% | 8,27,837 | 6,42,204.82 |
| ASHOKLEY | 2 Jun 26 | 3.66 | 13.21% | 0.08 | 0.63% | 8,07,300 | 61,847.19 |
| PPLPHARMA | 5 May 26 | 1.99 | 27.84% | 0.9 | 16.33% | 7,86,281 | 7,11,009.77 |
| NATIONALUM | 2 Jun 26 | 1.25 | 3.46% | 0.83 | 2.28% | 7,78,478 | 6,45,152.27 |
| BHARATFORG | 2 Jun 26 | 7.99 | 5.50% | 4.06 | 1.99% | 7,26,896 | 29,48,049.00 |
| JUBLFOOD | 2 Jun 26 | 15 | 54.05% | 8.44 | 15.77% | 7,24,563 | 61,15,023.93 |
| BLUESTARCO | 2 Jun 26 | 40 | 21.90% | 14.17 | 7.37% | 7,18,885 | 1,01,85,397.51 |
| TRENT | 5 May 26 | 14.9 | 7.76% | 6.2 | 2.18% | 7,02,153 | 43,53,563.62 |
| RELIANCE | 2 Jun 26 | 0.75 | 0.75% | 0.5 | 0.33% | 6,73,593 | 3,36,032.11 |
| LICI | 2 Jun 26 | 9.95 | 12.69% | 4.62 | 6.28% | 6,35,795 | 29,38,453.10 |
| COALINDIA | 2 Jun 26 | 2.2 | 4.52% | 0.91 | 2.30% | 56,65,126 | 51,75,485.62 |
| TECHM | 2 Jun 26 | 5 | 6.64% | 3.39 | 2.53% | 5,98,010 | 20,26,204.25 |
| WIPRO | 6 Apr 27 | 9.5 | 49.15% | 3.1 | 16.95% | 5,90,96,631 | 18,29,71,002.15 |
| PERSISTENT | 5 May 26 | 149 | 18.03% | 70.98 | 11.42% | 5,26,558 | 3,73,73,210.77 |
| L&T | 2 Jun 26 | 300 | 49.26% | 83.3 | 15.64% | 5,14,134 | 4,28,29,436.34 |
| TATAELXSI | 2 Jun 26 | 59.99 | 19.95% | 31.67 | 7.95% | 5,10,759 | 1,61,73,808.58 |
| IRFC | 2 Jun 26 | 1.02 | 9.94% | 0.74 | 5.97% | 40,92,590 | 30,35,561.69 |
| SBICARD | 2 Jun 26 | 21.99 | 66.73% | 13.66 | 15.90% | 4,56,311 | 62,34,542.33 |
| NTPC | 2 Jun 26 | 1 | 7.79% | 0.42 | 4.16% | 4,55,639 | 1,89,623.48 |
| NAM-INDIA | 2 Jun 26 | 25 | 29.45% | 8.94 | 8.23% | 4,25,966 | 38,08,426.55 |
| WEBELSOLAR | 5 May 26 | 2 | 64.01% | 0.66 | 21.77% | 4,25,049 | 2,81,954.98 |
Top 25 Yield Stocks in SLBM — April 2026
Stocks where lenders earned the highest annualised yields on their idle holdings this month:
| Name | Expiry | Peak Rent / Share | Peak Yield | Avg. Rent / Share | Avg. Yield | Traded Volume | Traded Value |
|---|---|---|---|---|---|---|---|
| CPPLUS | 5 May 26 | 105.19 | 94.20% | 105.19 | 94.20% | 3 | 315.57 |
| STARHEALTH | 5 May 26 | 10 | 40.29% | 8.89 | 35.83% | 2,000 | 17,787.65 |
| RAIN | 5 May 26 | 2 | 36.55% | 1.87 | 34.20% | 16,000 | 29,940.00 |
| RVNL | 7 Jul 26 | 19.6 | 60.45% | 11.19 | 32.07% | 82,08,997 | 9,18,82,014.07 |
| TANLA | 2 Jun 26 | 7 | 54.79% | 4.12 | 31.94% | 56,019 | 2,30,809.85 |
| GALLANTT | 2 Jun 26 | 15 | 34.65% | 13.72 | 31.70% | 8,101 | 1,11,168.00 |
| CYIENTDLM | 5 May 26 | 5 | 37.41% | 4.02 | 30.08% | 223 | 896.60 |
| ASTRAL | 2 Jun 26 | 111 | 93.49% | 48.65 | 25.86% | 8,62,181 | 4,19,41,510.65 |
| EASEMYTRIP | 5 May 26 | 0.13 | 24.68% | 0.13 | 24.68% | 2 | 0.26 |
| COHANCE | 5 May 26 | 3.5 | 37.00% | 2.15 | 22.71% | 2,78,712 | 5,99,509.73 |
| KFINTECH | 7 Jul 26 | 39.75 | 30.87% | 18.77 | 22.16% | 17,90,724 | 3,36,03,420.31 |
| WEBELSOLAR | 5 May 26 | 2 | 64.01% | 0.66 | 21.77% | 4,25,049 | 2,81,954.98 |
| OBEROIRLTY | 2 Jun 26 | 62.01 | 38.21% | 23.62 | 17.53% | 1,81,569 | 42,89,023.97 |
| SOLARA | 2 Jun 26 | 8 | 17.45% | 8 | 17.45% | 700 | 5,600.00 |
| SAGILITY | 5 May 26 | 0.64 | 20.20% | 0.54 | 16.97% | 2,438 | 1,310.91 |
| WIPRO | 6 Apr 27 | 9.5 | 49.15% | 3.1 | 16.95% | 5,90,96,631 | 18,29,71,002.15 |
| HIRECT | 5 May 26 | 12 | 20.85% | 9.46 | 16.64% | 50,934 | 4,81,813.44 |
| PPLPHARMA | 5 May 26 | 1.99 | 27.84% | 0.9 | 16.33% | 7,86,281 | 7,11,009.77 |
| HAVELLS | 6 Apr 27 | 15 | 23.97% | 7.89 | 16.33% | 2,34,847 | 18,52,627.36 |
| SBICARD | 2 Jun 26 | 21.99 | 66.73% | 13.66 | 15.90% | 4,56,311 | 62,34,542.33 |
| JUBLFOOD | 2 Jun 26 | 15 | 54.05% | 8.44 | 15.77% | 7,24,563 | 61,15,023.93 |
| L&T | 2 Jun 26 | 300 | 49.26% | 83.3 | 15.64% | 5,14,134 | 4,28,29,436.34 |
| NCC | 5 May 26 | 1.2 | 15.09% | 1.19 | 15.02% | 45 | 53.76 |
| PVRINOX | 5 May 26 | 3 | 14.87% | 3 | 14.87% | 1,000 | 3,000.00 |
| NLCINDIA | 5 May 26 | 3 | 20.23% | 2.18 | 14.68% | 36 | 78.38 |
For real-time tracking, weekly changes, stock-level detail, and positions added or liquidated, head over to Dhan App or Web. SLBM Market Insights are available on ScanX Insights.
We’ll be back next month with the May 2026 update. Drop your questions or observations below 
Thank you
Tanvi
