Chola Inv Finance Share Price: Chola Inv Finance shares drop 2.27% as Sensex rises

Shares of Cholamandalam Investment & Finance Company Ltd. traded 2.27 per cent down at Rs 514.4 at 02:03PM (IST) on Tuesday, even as BSE benchmark Sensex gained 587.91 points to 53538.54. The scrip had settled at Rs 526.35 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 600.9 and Rs 196.95, respectively.

As per BSE data, total traded volume on the counter till 02:03PM (IST) stood at 02:03PM shares with turnover at Rs 5.07 crore.

At the prevailing price, the stock trades at 29.77 times its trailing 12-month earnings per share of Rs 17.29 per share and 4.78 times its price-to-book value, BSE 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.


Shareholding Details

Promoters held 51.61 per cent stake in the company as of 30-Jun-2021, while FIIs owned 22.14 per cent and DIIs 18.54 per cent.

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