Chola Inv Finance share price up 3.05 per cent
Cholamandalam Investment & Finance Company Ltd. traded 3.05 per cent up at Rs 1277.85 at around 11:16AM (IST) on Monday. The stock had closed at Rs 1239.95 in the previous session. Equity benchmark Sensex traded 2122.45 points higher at 76083.76 around the same time.
The scrip has climbed 22.98 per cent in the last one year till date, while the 30-share index has gained 21.5 per cent during the same period.
The stock's 52-week high price stood at Rs 1352.9 and the 52-week low price at Rs 997.4.
Trading volume on the counter stood at 12,817 shares, while it quoted a price-to-earnings ratio of 31.08, an EPS value of 40.73 and a price-to-book value of 4.96. In the Nifty50 pack, 45 stocks traded in the green, while 5 stocks were in the red.
Promoter/FII Holding Promoters held 50.37 per cent stake in the company as of 31-Dec-2023, while FII and mutual funds' ownership stood at 24.73 per cent and 15.02 per cent, respectively.
Key Financials For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 5499.16 crore, up 8.79 per cent from the previous quarter's Rs 5054.76 crore and up 43.41 per cent from the year-ago quarter's Rs 3834.57 crore. The company reported net profit of Rs 1065.23 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
