Chola Inv Finance shares fall 1.2 per cent in Friday's trading session
Cholamandalam Investment & Finance Company Ltd. fell 1.2 per cent to Rs 1008.65 in Friday's trade as of 01:50PM (IST) even as the benchmark Nifty ruled at 19284.35, down 80.9 points. The scrip had closed at Rs 1020.8 in the previous session.
The stock quoted a 52-week low of Rs 658.0 and a high of Rs 1214.6. The company quoted a market-cap of Rs 83142.85 crore on the BSE. On BSE, 50,478 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 29.56 times its trailing 12-month EPS of Rs 34.21 per share and 4.37 times its book value. The return on equity (ROE) stood at Rs 18.57.Key Financials For the quarter ended 30-Jun-2023, Cholamandalam Investment & Finance Company Ltd. reported consolidated sales of Rs 4170.79 crore, up 49.17 per cent from the same quarter a year ago.
The company reported 26.32 per cent YoY growth in net profit at Rs 709.94 crore for the latest quarter.Technical indicators The relative strength index (RSI) of the stock stood at Friday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
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