Chola Inv Finance Share Price: Chola Inv Finance declines 3.5% as Sensex slides

Shares of Cholamandalam Investment & Finance Company Ltd. traded at Rs 596.6 on BSE at 12:34PM (IST) on Monday, down 3.5 per cent from previous close.

The scrip quoted a 52-week low price of Rs 330.4 and a high of Rs 667.5.

Earlier, the stock saw a gap down opening in the morning.

A total of 50,717 lakh shares changed hands on the counter till 12:34PM (IST).

The stock of Cholamandalam Investment & Finance Company Ltd. commanded a market value of Rs 48396.46 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 30.36, 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, 46 stocks traded in the green, while 454 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 51.57 per cent in Cholamandalam Investment & Finance Company Ltd. as of 30-Sep-2021 while overseas and domestic institutional investors owned 17.88 per cent and 18.21 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 547.07 on November 22, while the 50-DMA was at 596.58. 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.

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