Share price of Chola Inv Finance rises as Nifty strengthens

economictimes.indiatimes.com:

The stock hit a high price of Rs 1148.0 and low of Rs 1130.65 during the session. The return on equity (ROE) for the stock stood at 18.57 per cent.

Traded volume on the counter stood at 10:10AM shares and turnover at Rs 107.0 crore around that time. The stock of Cholamandalam Investment & Finance Company Ltd.

quoted a 52-week high and 52-week low prices of Rs 1214.6 and Rs 658.0, respectively. The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.8.Promotor/FII Holding Promoters held 51.46 per cent stake in the company as of 30-Jun-2023, while foreign investors held 20.92 per cent and domestic institutional investors had 20.37 per cent.Key Financials The company reported consolidated sales of Rs 3834.57 crore for the quarter ended 31-Mar-2023, up 12.51 per cent from previous quarter's Rs 3408.09 crore and up 44.34 per cent from the year-ago quarter's Rs 2656.63 crore.