Shares of Cholamandalam Investment & Finance Company Ltd. traded at Rs 1250.0 on BSE at 12:18PM (IST) on Monday, up 0.45 per cent from previous close. The scrip quoted a 52-week low price of Rs 658.0 and a high of Rs 1284.45. Earlier, shares of the company saw a gap up opening in the morning. A total of 22,154 lakh shares changed hands on the counter till 12:18PM (IST). The stock of Cholamandalam Investment & Finance Company Ltd. commanded a market value of Rs 102825.36 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of 34.02, while the price-to-book value ratio stood at 4.37. Return on equity (ROE) was at 18.57 per cent, according to exchange data. In the BSE500 pack, 333 stocks traded in the green, while 168 stocks were in the red. The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.8. Promoters held 51.28 per cent in Cholamandalam Investment & Finance Company Ltd. as of 30-Sep-2023 while foreign and domestic institutional investors owned 21.51 per cent and 16.67 per cent, respectively. The 200-DMA of the stock stood at 1053.45 on December 18, while the 50-DMA was at 1168.86. 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.
Cholamandalam Investment & Finance Company Ltd. shares rise 0.45%
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