Chola Inv Finance shares gain 0.15% as Sensex rises

A total of 85,735 shares changed hands on the counter till 01:44PM (IST)

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
Shares of Cholamandalam Investment & Finance Company Ltd. traded 0.15 per cent up at Rs 661.35 at 01:44PM (IST) on Tuesday, even as BSE benchmark Sensex gained 1113.57 points to 57519.41. The scrip had settled at Rs 660.35 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 698.2 and Rs 466.8, respectively.

As per BSE data, total traded volume on the counter till 01:44PM (IST) stood at 01:44PM shares with turnover at Rs 5.6 crore.


At the current price, shares of the company trades at 31.46 times its trailing 12-month earnings per share of Rs 20.85 per share and 4.78 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.8.
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Shareholding Details
Promoters held 51.55 per cent stake in the company as of 31-Dec-2021, while FIIs owned 20.98 per cent and DIIs 19.46 per cent.
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