Hello Community Members 
All of us at Dhan are excited to continue bringing you market insights across our trading platforms, ScanX, and our community: MadeForTrade.
Stock Lending & Borrowing Mechanism (SLBM) continues to emerge as an attractive opportunity for long-term investors looking to earn additional income from stocks already held in their portfolios. By lending shares to market participants who need them, investors can potentially generate lending income while continuing to retain ownership of their investments.
Through this monthly thread, we track overall SLBM activity, the most actively borrowed stocks, and the stocks that generated the highest lending yields for investors.
May 2026 witnessed healthy participation across the SLBM ecosystem, with over 13.7 crore shares lent and borrowed across 254 active scrips. Total rented value stood at nearly ₹57 Crores, reflecting continued demand for borrowing across several sectors including PSU, Railways, Defence, Technology, and Financial Services.
May 2026 - SLBM Market Snapshot
| Metric | Value |
|---|---|
| Total Rented Value | ₹56,96,30,458 (₹57 Crores) |
| Total Rented Volume | 13,71,36,433 Shares |
| Active Stocks in SLBM | 254 Scrips |
Top 20 Stocks Traded in SLBM - May 2026
| Name | Expiry | Peak Rent / Share | Peak Yield | Avg. Rent / Share | Avg. Yield | Traded Volume | Traded Value |
|---|---|---|---|---|---|---|---|
| HCLTECH | 7 Jul 2026 | ₹93.33 | 51.20% | ₹6.21 | 3.99% | 93,77,739 | ₹5.82 Cr |
| IREDA | 7 Jul 2026 | ₹7.00 | 56.21% | ₹3.61 | 28.40% | 89,38,583 | ₹3.22 Cr |
| IRFC | 7 Jul 2026 | ₹1.00 | 9.53% | ₹0.74 | 6.58% | 71,39,814 | ₹52.72 Lakh |
| RVNL | 7 Jul 2026 | ₹13.00 | 33.16% | ₹8.46 | 21.34% | 48,99,426 | ₹4.15 Cr |
| NHPC | 7 Jul 2026 | ₹5.50 | 79.34% | ₹1.97 | 26.60% | 3,50,33,536 | ₹6.90 Cr |
| BDL | 7 Jul 2026 | ₹65.00 | 54.74% | ₹25.20 | 20.74% | 9,95,037 | ₹2.51 Cr |
| LTF | 7 Jul 2026 | ₹1.75 | 6.54% | ₹1.09 | 4.01% | 7,42,563 | ₹8.12 Lakh |
| LICI | 7 Jul 2026 | ₹6.10 | 15.28% | ₹3.77 | 9.44% | 6,04,300 | ₹22.75 Lakh |
| INDIANB | 7 Jul 2026 | ₹10.00 | 12.66% | ₹7.69 | 9.70% | 5,73,793 | ₹44.15 Lakh |
| COFORGE | 7 Jul 2026 | ₹16.00 | 10.98% | ₹10.79 | 7.27% | 4,99,090 | ₹53.85 Lakh |
| MEESHO | 7 Jul 2026 | ₹3.03 | 14.35% | ₹1.05 | 6.07% | 4,34,189 | ₹4.55 Lakh |
| SBICARD | 7 Jul 2026 | ₹26.99 | 44.43% | ₹15.68 | 25.05% | 3,81,329 | ₹59.79 Lakh |
| ABB | 7 Jul 2026 | ₹60.00 | 7.66% | ₹28.38 | 3.35% | 3,69,572 | ₹1.05 Cr |
| ASTRAL | 7 Jul 2026 | ₹27.00 | 12.61% | ₹19.76 | 8.74% | 3,55,138 | ₹70.16 Lakh |
| BANKINDIA | 7 Jul 2026 | ₹2.27 | 13.61% | ₹1.02 | 6.12% | 3,43,217 | ₹3.51 Lakh |
| HYUNDAI | 7 Jul 2026 | ₹109.00 | 35.81% | ₹45.15 | 16.99% | 3,31,734 | ₹1.50 Cr |
| LUPIN | 7 Jul 2026 | ₹23.00 | 9.24% | ₹8.66 | 2.97% | 2,94,517 | ₹25.50 Lakh |
| NUVAMA | 7 Jul 2026 | ₹30.00 | 11.21% | ₹6.96 | 3.90% | 2,56,066 | ₹17.81 Lakh |
| PIIND | 7 Jul 2026 | ₹45.00 | 13.41% | ₹34.25 | 9.89% | 2,30,670 | ₹79.00 Lakh |
| KAYNES | 7 Jul 2026 | ₹270.00 | 58.66% | ₹120.11 | 26.82% | 2,19,663 | ₹2.64 Cr |
Top 20 Yield Opportunities in SLBM - May 2026
| Name | Expiry | Peak Rent / Share | Peak Yield | Avg. Rent / Share | Avg. Yield | Traded Volume | Traded Value |
|---|---|---|---|---|---|---|---|
| KAYNES | 1 Jun 2027 | ₹215.00 | 134.18% | ₹81.45 | 45.43% | 1,90,438 | ₹1.55 Cr |
| IRFC | 1 Jun 2027 | ₹2.00 | 90.84% | ₹0.11 | 2.15% | 73,546 | ₹8,092 |
| NHPC | 7 Jul 2026 | ₹5.50 | 79.34% | ₹1.97 | 26.60% | 3,50,33,536 | ₹6.90 Cr |
| RVNL | 4 May 2027 | ₹151.00 | 61.86% | ₹17.56 | 6.14% | 22,589 | ₹3.97 Lakh |
| ITBEES | 7 Jul 2026 | ₹2.00 | 61.21% | ₹0.14 | 4.02% | 18,881 | ₹2,604 |
| KAYNES | 7 Jul 2026 | ₹270.00 | 58.66% | ₹120.11 | 26.82% | 2,19,663 | ₹2.64 Cr |
| IREDA | 7 Jul 2026 | ₹7.00 | 56.21% | ₹3.61 | 28.40% | 89,38,583 | ₹3.22 Cr |
| BDL | 7 Jul 2026 | ₹65.00 | 54.74% | ₹25.20 | 20.74% | 9,95,037 | ₹2.51 Cr |
| HCLTECH | 7 Jul 2026 | ₹93.33 | 51.20% | ₹6.21 | 3.99% | 93,77,739 | ₹5.82 Cr |
| HCLTECH | 1 Jun 2027 | ₹36.02 | 50.49% | ₹0.28 | 0.45% | 5,73,439 | ₹1.62 Lakh |
| DIXON | 6 Apr 2027 | ₹5,085.74 | 50.48% | ₹808.27 | 8.03% | 19 | ₹15,357 |
| RVNL | 4 Aug 2027 | ₹29.88 | 46.11% | ₹9.26 | 16.98% | 4,888 | ₹45,270 |
| KFINTECH | 6 Apr 2027 | ₹335.55 | 46.08% | ₹12.84 | 1.68% | 116 | ₹1,490 |
| IREDA | 4 Aug 2027 | ₹10.00 | 45.17% | ₹5.36 | 24.83% | 3,93,164 | ₹21.08 Lakh |
| SBICARD | 7 Jul 2026 | ₹26.99 | 44.43% | ₹15.68 | 25.05% | 3,81,329 | ₹59.79 Lakh |
| RUBICON | 7 Jul 2026 | ₹50.00 | 43.29% | ₹39.68 | 34.35% | 650 | ₹25,789 |
| DIXON | 7 Jul 2026 | ₹550.00 | 41.65% | ₹54.38 | 3.67% | 11,748 | ₹6.39 Lakh |
| RVNL | 6 Apr 2027 | ₹97.00 | 40.86% | ₹10.09 | 4.46% | 8,091 | ₹81,654 |
| COFORGE | 1 Jun 2027 | ₹15.00 | 36.65% | ₹9.22 | 32.39% | 3,818 | ₹35,207 |
| GOLDIAM | 7 Jul 2026 | ₹14.90 | 36.61% | ₹14.90 | 36.61% | 5 | ₹75 |
For real-time tracking of lending yields, borrow demand, traded volumes, and stock-level opportunities, head over to: 
https://scanx.trade/insight/slbm-stock-lending-and-borrowing
Have you ever lent stocks through SLBM?
Which stock surprised you the most in terms of borrowing demand or lending yield this month? Share your views below 
Thank you
Tanvi