Cholamandalam Investment & Finance Company Ltd. traded 1.57 per cent down in Tuesday's trade at 12:58PM (IST). Around 26,439 shares changed hands on the counter.
The scrip opened at Rs 1128.65 and touched an intraday high and low of Rs 1130.05 and Rs 1107.05, respectively, in the session so far. The stock of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high of Rs 1284.45 and a 52-week low of Rs 658.0.
Total market cap of the Cholamandalam Investment & Finance Company Ltd. stood at Rs 91191.04 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 4695.16 crore for the quarter ended 30-Sep-2023, up 12.57 per cent from previous quarter's Rs 4170.79 crore and up 53.09 per cent from the year-ago quarter's Rs 3067.02 crore.
The net profit for latest quarter stood at Rs 772.87 crore, up 37.32 per cent from the same quarter a year ago.
Shareholding pattern As of 30-Sep-2023, domestic institutional investors held 16.67 per cent stake in the company, while foreign institutional investors held 21.51 per cent and the promoters 51.43 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 30.17 and a price-to-book ratio of 4.37.
A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Cholamandalam Investment & Finance Company Ltd.