The stock quoted a 52-week low price of Rs 215.6 and a high of Rs 600.9.
Earlier, the stock saw a gap down opening in the morning.
A total of 56,369 lakh shares changed hands on the counter till 11:17AM (IST).
The stock of Cholamandalam Investment & Finance Company Ltd. commanded a market value of Rs 47378.52 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 33.41, while the price-to-book value ratio stood at 4.78. Return on equity (ROE) was at 15.84 per cent, according to exchange data.
In the BSE500 pack, 375 stocks traded in the green, while 125 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.8.
Promotor/FII Holding
Promoters held 51.6 per cent in Cholamandalam Investment & Finance Company Ltd. as of 30-Jun-2021 while foreign portfolio investors and domestic institutional investors owned 18.85 per cent and 17.93 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 491.48 on September 02, while the 50-DMA was at 514.74. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
