Chola Inv Finance Share Price: Share price of Chola Inv Finance rises as Nifty strengthens

Shares of Cholamandalam Investment & Finance Company Ltd. gained 1.25 per cent to Rs 647.35 in Friday’s trade as of 11:37AM (IST).

The stock hit a high price of Rs 649.9 and low of Rs 639.55 during the session.

The return on equity (ROE) for the stock stood at 15.84 per cent. Traded volume on the counter stood at 11:37AM shares and turnover at Rs 1.4 crore around that time.

The stock of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 659.5 and Rs 299.15, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.8.

Promotor/FII Holding

Promoters held 51.57 per cent stake in the company as of 30-Sep-2021, while foreign investors held 21.36 per cent and domestic institutional investors had 19.06 per cent.

Key Financials

The company reported consolidated sales of Rs 2496.71 crore for the quarter ended 30-Sep-2021, up 0.6 per cent from previous quarter’s Rs 2481.91 crore and up 1.58 per cent from the year-ago quarter’s Rs 2457.89 crore.

Net profit after tax for the latest quarter stood at Rs 610.51 crore, up 40.46 per cent from the same quarter a year ago.

Source Link