Chola Inv Finance Share Price: Share price of Chola Inv Finance falls as Sensex gains 153.3 points

The share price of Cholamandalam Investment & Finance Company Ltd. dropped 1.77 per cent to Rs 521.25 at 02:04PM (IST) in Friday’s trade. The scrip has hit a high of Rs 534.65 and low of Rs 520.55 so far during the session. The stock had closed at Rs 530.65 in the previous session.

The counter has had a total traded volume of 96918 shares so far with a value of Rs 5.11 crore on the NSE. It traded at a price-to-earnings multiple of 30.27 and a price-to-book ratio of 4.78.

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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 116.51 per cent during the past one year, while the 30-share index advanced 45.97 per cent during the same period.

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


Promotor/FII Holding

Promoters held 51.6 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 18.85 per cent and 17.93 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 2481.91 crore for the quarter ended 30-Jun-2021, up 0.09 per cent from the previous quarter’s Rs 2479.8 crore and up 16.76 per cent from the year-ago quarter’s Rs 2125.61 crore.

Profit for the latest quarter stood at Rs 328.55 crore, down 23.82 per cent from the same quarter a year ago.

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