Welcome to the October 2026 edition of our monthly SLBM Market Insights.
The Securities Lending and Borrowing Mechanism (SLBM) allows investors to lend their eligible shares and potentially earn rental income while continuing to hold their investments. Every month, we analyse activity across the SLBM segment to highlight borrowing trends, lending yields and stocks that witnessed the highest demand.
These insights provide a snapshot of where borrowing activity was concentrated, which stocks offered attractive lending opportunities and how demand evolved across different sectors and expiries.
October 2026 Market Snapshot
| Metric | Value |
|---|---|
| Total Rented Value | ₹49,37,48,336.11 (₹49.37 Crores) |
| Total Rented Volume | 12,39,24,401 Shares |
| Active Stocks in SLBM | 349 Scrips |
October witnessed broader participation in the SLBM market, with the number of active stocks increasing to 349 scrips. Total rented value stood at ₹49.37 crore, while traded volume crossed 12.39 crore shares.
Borrowing activity was spread across technology, financial services, capital goods, manufacturing, energy and infrastructure stocks. Dixon Technologies emerged as one of the prominent names in the market, recording over ₹6.82 crore in traded value. Other actively traded stocks included Mazagon Dock Shipbuilders, Sona BLW Precision Forgings, Siemens, Infosys, TCS, NHPC and ICICI Prudential Life Insurance.
On the yield front, IREDA continued to attract attention, appearing multiple times among the highest-yielding stocks across different expiries. Kaynes Technology India, PI Industries, Ather Energy, Premier Energies and Blue Star also featured prominently, offering attractive annualised lending yields.
The month’s data highlights an interesting trend: while several large and established companies continued to attract significant borrowing volumes, some mid-cap and emerging companies witnessed considerably higher lending yields. This reflects how stock availability, borrower demand and contract expiries can influence rental rates in the SLBM market.
Top 20 Stocks Traded in SLBM – October 2026
The following stocks featured among the most actively traded securities in the SLBM segment during October 2026.
| Stock | Expiry | Peak Rent / Share | Peak Yield | Avg. Rent / Share | Avg. Yield | Traded Volume | Traded Value |
|---|---|---|---|---|---|---|---|
| Shree Cement | 1 Dec 2026 | ₹210.00 | 8.58% | ₹108.95 | 4.21% | 9,049 | ₹9,85,870.41 |
| Oracle Financial Services Software | 1 Dec 2026 | ₹100.00 | 11.41% | ₹58.44 | 6.42% | 15,911 | ₹9,29,791.90 |
| Godfrey Phillips | 1 Dec 2026 | ₹15.50 | 9.16% | ₹9.03 | 5.10% | 99,829 | ₹9,01,777.69 |
| Mazagon Dock Shipbuilders | 1 Dec 2026 | ₹20.00 | 12.22% | ₹14.25 | 7.08% | 5,91,798 | ₹84,35,873.71 |
| ICICI Prudential Life Insurance | 1 Dec 2026 | ₹10.00 | 24.53% | ₹5.57 | 11.35% | 14,85,353 | ₹82,73,482.05 |
| Blue Star | 5 Jan 2027 | ₹66.00 | 22.09% | ₹34.20 | 11.49% | 23,927 | ₹8,18,219.68 |
| Sona BLW Precision Forgings | 1 Dec 2026 | ₹16.00 | 17.44% | ₹9.73 | 9.50% | 7,92,337 | ₹77,10,413.04 |
| Siemens | 1 Dec 2026 | ₹30.00 | 5.19% | ₹13.82 | 3.38% | 5,11,763 | ₹70,70,603.76 |
| Infosys | 1 Dec 2026 | ₹2.00 | 1.52% | ₹0.62 | 0.55% | 12,59,695 | ₹7,82,900.49 |
| Premier Explosives | 1 Dec 2026 | ₹9.00 | 12.25% | ₹5.07 | 6.09% | 1,54,229 | ₹7,81,862.67 |
| Premier Energies | 1 Dec 2026 | ₹30.00 | 36.29% | ₹14.46 | 15.70% | 4,34,365 | ₹62,81,498.82 |
| Tata Consultancy Services | 1 Dec 2026 | ₹13.97 | 4.82% | ₹4.84 | 1.69% | 12,80,261 | ₹61,94,939.64 |
| Force Motors | 1 Dec 2026 | ₹150.00 | 9.17% | ₹95.29 | 5.18% | 63,512 | ₹60,51,939.61 |
| Britannia Industries | 1 Dec 2026 | ₹20.00 | 4.11% | ₹9.02 | 1.73% | 75,778 | ₹6,83,327.64 |
| Dixon Technologies | 1 Dec 2026 | ₹305.00 | 24.00% | ₹241.60 | 16.68% | 2,82,671 | ₹6,82,92,115.07 |
| Havells | 1 Dec 2026 | ₹9.49 | 10.68% | ₹4.78 | 5.21% | 1,40,765 | ₹6,72,789.86 |
| Adani Ports & SEZ | 1 Dec 2026 | ₹5.00 | 3.08% | ₹1.75 | 1.08% | 3,68,914 | ₹6,46,670.83 |
| NHPC | 1 Dec 2026 | ₹1.00 | 12.32% | ₹0.73 | 9.48% | 81,88,735 | ₹59,96,701.17 |
| Avenue Supermarts (DMart) | 1 Dec 2026 | ₹25.00 | 4.49% | ₹12.47 | 2.51% | 4,68,763 | ₹58,46,969.93 |
| Karur Vysya Bank | 1 Dec 2026 | ₹2.00 | 6.41% | ₹0.88 | 3.23% | 6,13,358 | ₹5,39,484.76 |
Top 20 Yield Stocks in SLBM – October 2026
These stocks delivered the highest annualised lending yields during October 2026.
| Stock | Expiry | Peak Rent / Share | Peak Yield | Avg. Rent / Share | Avg. Yield | Traded Volume | Traded Value |
|---|---|---|---|---|---|---|---|
| IREDA | 6 Apr 2027 | ₹83.00 | 151.88% | ₹60.70 | 111.16% | 11 | ₹667.66 |
| IREDA | 7 Sept 2027 | ₹65.00 | 67.66% | ₹6.77 | 7.12% | 9,633 | ₹65,263.25 |
| Kaynes Technology India | 1 Dec 2026 | ₹180.00 | 61.54% | ₹97.01 | 27.15% | 2,60,492 | ₹2,52,71,082.26 |
| IREDA | 5 Jan 2027 | ₹10.75 | 56.22% | ₹2.79 | 13.76% | 7,691 | ₹21,459.84 |
| IREDA | 1 Dec 2026 | ₹5.45 | 54.24% | ₹3.47 | 28.46% | 80,37,581 | ₹2,78,69,857.01 |
| Tech Mahindra | 1 June 2027 | ₹499.99 | 51.29% | ₹69.98 | 7.17% | 44 | ₹3,078.94 |
| PI Industries | 7 Sept 2027 | ₹993.90 | 50.34% | ₹497.45 | 25.20% | 10 | ₹4,974.50 |
| Ather Energy | 1 Dec 2026 | ₹88.00 | 42.51% | ₹28.15 | 14.84% | 6,14,091 | ₹1,72,86,465.10 |
| Premier Energies | 1 Dec 2026 | ₹30.00 | 36.29% | ₹14.46 | 15.70% | 4,34,365 | ₹62,81,498.82 |
| Wipro | 3 Aug 2027 | ₹44.90 | 34.61% | ₹2.99 | 2.23% | 2,557 | ₹7,644.89 |
| Kaynes Technology India | 5 Jan 2027 | ₹200.00 | 33.69% | ₹101.73 | 17.45% | 650 | ₹66,122.90 |
| Blue Star | 1 Dec 2026 | ₹75.00 | 31.81% | ₹29.98 | 15.19% | 7,99,468 | ₹2,39,66,460.30 |
| RBL Bank | 1 Dec 2026 | ₹9.95 | 29.77% | ₹2.49 | 6.75% | 15,16,049 | ₹37,72,413.35 |
| Ather Energy | 5 Jan 2027 | ₹89.89 | 29.01% | ₹12.41 | 3.56% | 22,056 | ₹2,73,678.20 |
| Hyundai Motor India | 1 Dec 2026 | ₹60.00 | 28.88% | ₹25.82 | 10.88% | 8,69,784 | ₹2,24,59,096.99 |
| Ola Electric Mobility | 1 Dec 2026 | ₹1.00 | 28.57% | ₹0.59 | 17.05% | 35,35,008 | ₹20,81,201.42 |
| PI Industries | 1 Dec 2026 | ₹60.00 | 25.10% | ₹32.65 | 12.94% | 5,66,100 | ₹1,84,83,133.62 |
| ITI | 1 Dec 2026 | ₹5.03 | 24.88% | ₹4.43 | 21.96% | 24,815 | ₹1,09,906.73 |
| APL Apollo Tubes | 1 Dec 2026 | ₹50.00 | 24.79% | ₹21.29 | 10.55% | 391 | ₹8,323.00 |
| ICICI Prudential Life Insurance | 1 Dec 2026 | ₹10.00 | 24.53% | ₹5.57 | 11.35% | 14,85,353 | ₹82,73,482.05 |
Key Takeaways from October
• Active participation expanded to 349 scrips, the highest number in the monthly data shared for June through October, highlighting broader participation across the SLBM universe.
• Dixon Technologies stood out in the traded activity rankings, recording over ₹6.82 crore in traded value and an average annualised yield of 16.68%.
• IREDA continued its strong presence in the yield rankings, featuring across multiple expiries. Its April 2027 contract recorded a peak annualised yield of 151.88% and an average yield of 111.16%, although traded volume was only 11 shares.
• Kaynes Technology India delivered attractive lending yields across multiple expiries, with its December 2026 contract recording a peak yield of 61.54%.
• Ather Energy, Premier Energies and Blue Star also featured among the month’s notable lending opportunities, reflecting borrowing demand across emerging businesses and manufacturing companies.
• Financial services stocks such as ICICI Prudential Life Insurance, RBL Bank and KFin Technologies witnessed notable activity, indicating continued participation in the financial sector.
• Ola Electric Mobility, Hyundai Motor India and Ather Energy featured in the yield rankings, highlighting borrowing interest across newer-age businesses.
• The difference between peak and average yields remained significant in several contracts. This reinforces the importance of evaluating average lending rates and actual traded activity rather than relying solely on peak yield figures.
Explore SLBM Opportunities on ScanX
Want to discover stocks with active lending demand and attractive rental yields?
With ScanX, you can track: 
https://scanx.trade/insight/slbm-stock-lending-and-borrowing
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Live SLBM lending yields
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Peak and average rental rates
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Borrowing demand across expiries
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Traded volumes and values
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Stock-wise lending opportunities
Track the latest SLBM trends and stay informed with real-time market insights.
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All New Option Chain with Smart Tags & New Insights on Dhan Web — the upgraded Option Chain on Dhan Web with richer positioning insights. Worth a look if you also trade derivatives alongside lending out your long-term portfolio.
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Mutual Fund Holdings & Insights on ScanX — mutual fund holdings data layered into ScanX. Useful for spotting which stocks active fund managers are holding, alongside SLBM lending demand for the same names.
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FII & DII Market Data on ScanX Insights — FII and DII flow data now visible on ScanX Insights. Another lens on institutional positioning, which often correlates with where SLBM lending demand shows up too.October saw broader participation across the SLBM market, with 349 active scrips and several stocks offering notable lending yields across different expiries.
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Whether you’re tracking borrowing demand or exploring opportunities to earn rental income on your existing holdings, SLBM insights can help you understand the evolving dynamics of the market.
Which stock surprised you the most with its lending yield or borrowing activity this month? Share your observations in the comments below.
Thank you,
Tanvi