Shares of Cholamandalam Investment & Finance Company Ltd. slipped 0.84% to Rs 1230.75 in Monday’s trade as of 12:33 PM (IST). It hit a high of Rs 1277.35 and low of Rs 1221.25 during the session. The stock quoted a 52-week high price of Rs 1309.75 and a low of Rs 696.55. The return on equity for the stock stood at 18.57%. About 23,285 shares have changed hands on the counter so far. The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.8. The scrip has been an outperformer, up 73.31% in the past one year in comparison with an 18.27% gain in Sensex. On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 696.55 on January 29, while the 50-DMA was at Rs 1205.86. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way. Promoters held 50.23% stake in Cholamandalam Investment & Finance Company Ltd. as of 31-Dec-2023. Mutual funds and foreign institutional investors held 15.02% and 24.73% stake.