Chola Inv Finance share price up 0.21 per cent
Cholamandalam Investment & Finance Company Ltd. traded 0.21 per cent up at Rs 1108.55 at around 11:26AM (IST) on Wednesday. The stock had closed at Rs 1106.2 in the previous session.
Equity benchmark Sensex traded 411.39 points higher at 66585.59 around the same time.
The scrip has climbed 55.07 per cent in the last one year till date, while the 30-share index has gained 7.98 per cent during the same period.
The stock's 52-week high price stood at Rs 1284.45 and the 52-week low price at Rs 658.0.
Trading volume on the counter stood at 8,421 shares, while it quoted a price-to-earnings ratio of 30.14, an EPS value of 36.75 and a price-to-book value of 4.37. In the Nifty50 pack, 39 stocks traded in the green, while 11 stocks were in the red.
Promoter/FII Holding Promoters held 51.43 per cent stake in the company as of 30-Sep-2023, while foreign institutional investors and MF ownership stood at 21.51 per cent and 16.67 per cent, respectively.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 4695.16 crore, up 12.57 per cent from the previous quarter's Rs 4170.79 crore and up 53.09 per cent from the year-ago quarter's Rs 3067.02 crore. The company reported net profit of Rs 772.87 crore for the latest quarter.
Technical Indicators The MACD signalled a bearish bias on the counter.
The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.
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