Chola Inv Finance stock price: Chola Inv Finance shares rise 1.12% as Nifty gains

Chola Inv Finance stock price: Chola Inv Finance shares rise 1.12% as Nifty gains

Total market cap of the Cholamandalam Investment & Finance Company Ltd. stood at Rs 47025.9 crore at the time of writing this report.

The counter opened at Rs 566.95 and touched an intraday high and low of Rs 574.6 and Rs 566.95, respectively, in the session so far. Shares of the company of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high of Rs 667.5 and a 52-week low of Rs 391.0.

Highlights

  • The net profit for latest quarter stood at Rs 610.51 crore, up 40.46 per cent from the same quarter a year ago.

  • 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.

Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 29.5 and a price-to-book ratio of 4.78. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Shareholding pattern
As of 30-Sep-2021, DIIs held 18.21 per cent stake in the firm, while foreign institutional investors held 21.36 per cent and the promoters 51.57 per cent.

Cholamandalam Investment & Finance Company Ltd. belongs to the NBFC – Diversified industry.