Chola Inv Finance Share Price: Chola Inv Finance shares drop 0.43% as Sensex falls

Shares of Cholamandalam Investment & Finance Company Ltd. traded 0.43 per cent down at Rs 511.95 at 01:21PM (IST) on Friday, even as BSE benchmark Sensex dropped 219.39 points to 52349.55. The stock had settled at Rs 514.15 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 600.9 and Rs 195.95, respectively.

As per BSE data, total traded volume on the counter till 01:21PM (IST) stood at 01:21PM shares with turnover at Rs 2.41 crore.

At the current price, the stock trades at 27.63 times its trailing 12-month earnings per share of Rs 18.55 per share and 1.53 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.


Shareholding Details

Promoters held 51.62 per cent stake in the company as of 31-Mar-2021, while FIIs owned 19.69 per cent and DIIs 21.24 per cent.

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