Share price of Chola Inv Finance as Sensex drops 139.58 points

A total of 13,146 shares changed hands on the counter till 10:52AM (IST)

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
Share price of Cholamandalam Investment & Finance Company Ltd. 0.7 per cent to Rs 1243.40 at 10:52AM (IST) in Monday's trade. The stock hit a high of Rs 1259.00 and low of Rs 1233.60 so far during the session. The stock had closed at Rs 1234.65 in the previous session.

The counter had a total traded volume of 10:52AM shares so far with a turnover of Rs 1.63 crore on BSE. The stock traded at a price-to-earnings multiple of 27.12 and a price-to-book ratio of 4.96.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The 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.

Cholamandalam Investment & Finance Company Ltd. belongs to the NBFC - Diversified industry.

Promotor/FII Holding
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Promoters held 50.24 per cent stake in the company as of 30-Sep-2024, while foreign investors and domestic institutional investors ownership stood at 27.17 per cent and 16.54 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 6322.3400 crore for the quarter ended 30-Sep-2024, 7.95 per cent from the previous quarter's Rs 5856.7500 crore and 34.66 per cent from the year-ago quarter's Rs 4695.1600 crore.

Its for the latest quarter stood at Rs 967.8 crore, 25.22 per cent from the same quarter a year ago.
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