Chola Inv Finance shares up 2.41% as Sensex rises
Cholamandalam Investment & Finance Company Ltd. gained 2.41 per cent to Rs 1397.65 in Friday's session as of 11:11AM (IST) even as the equity benchmark Sensex traded 672.24 points higher at 80712.04.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1475.95 and a 52-week low of Rs 997.4 on NSE. Around 18304 shares changed hands on the counter till 11:11AM (IST).
The stock opened at Rs 1352.05 and has touched an intraday high and low of Rs 1402.9 and Rs 1352.05 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 34.35, earnings per share (EPS) of Rs 40.7 and price to book value (PB) of 4.96, while the return on equity (ROE) stood at Rs 17.45.
Promoter/ FII Holding
The promoters held 100.66 per cent stake in the company as of July 26, while FII and MF ownerships stood at 53.26 per cent and 28.46 per cent, respectively.
Key Financials With a market capitalisation of Rs 117482.52 crore, the company operates in the NBFC — Diversified industry. 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 same quarter a year ago. The company reported net profit of Rs 1065.23 crore for the latest quarter, up 24.56 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 50.22. The RSI oscillates between zero and 100.
