Share price of Chola Inv Finance rises as Nifty strengthens

economictimes.indiatimes.com:

Cholamandalam Investment & Finance Company Ltd. gained 2.33 per cent to Rs 1556.55 in Thursday's trade as of 10:15AM (IST). The stock hit a high price of Rs 1563.5 and low of Rs 1545.1 during the session.
The return on equity (ROE) for the stock stood at 17.45 per cent. Traded volume on the counter stood at 10:15AM shares and turnover at Rs 2.47 crore around that time. The stock of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high price of Rs 1563.5 and 52-week low prices of Rs 1011.5, respectively.

The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.8.
Promotor/FII Holding Promoters held 50.18 per cent stake in the company as of 30-Jun-2024, while FIIs held 26.62 per cent and domestic institutional investors had 14.23 per cent.

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Key Financials The company reported consolidated sales of Rs 5856.75 crore for the quarter ended 30-Jun-2024, up 6.5 per cent from