Chola Inv Finance stock price down 1.51 per cent as Sensex slides
Cholamandalam Investment & Finance Company Ltd. fell 1.51 per cent to Rs 1212.0 at 12:53PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 9,121 shares with a turnover of Rs 1.11 crore till 12:53PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 33.07, while the price-to-book value ratio stood at 4.37.
Return on equity (ROE) was at 18.57 per cent, according to exchange data.
The stock hit an intraday high of Rs 1231.85 and a low of Rs 1208.95 during the session and quoted a 52-week high price of Rs 1300.5 and a 52-week low of Rs 658.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.8.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1092.37 on January 10, while the 50-DMA was at Rs 1179.94.
If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 48.62. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
