The scrip had closed at Rs 577.4 in the previous session. The stock quoted a 52-week low of Rs 236.7 and a high of Rs 633.55. The company quoted a market-cap of Rs 49348.47 crore on the BSE.
On BSE, 73,576 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 34.8 times its trailing 12-month EPS of Rs 17.28 per share and 4.78 times its book value. The return on equity (ROE) stood at Rs 15.84.
Key Financials
For the quarter ended 30-Jun-2021, Cholamandalam Investment & Finance Company Ltd. reported consolidated sales of Rs 2481.91 crore, up 16.76 per cent from the same quarter a year ago. The company reported 23.82 per cent YoY de-growth in net profit at Rs 328.55 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
