CHOLAMANDALAM INVEST Share Price Down by 5%; BSE 500 Index Up 0.8%
Mon, 10 May 09:26 AM

CHOLAMANDALAM INVEST share price has plunged 5% and is presently trading at Rs 560.

Meanwhile, the BSE 500 Index is at 20,163 (up 0.8%).

Among the top losers in the BSE 500 Index today is CHOLAMANDALAM INVEST (down 5.3%).

RELIANCE POWER (up 10.0%) and NMDC (up 7.1%) are among the top gainers today.

Over the last one year, CHOLAMANDALAM INVEST has moved up from Rs 150 to Rs 560, registering a gain of Rs 410 (up 272.6%)..

The BSE 500 has moved up from 12,024 to 20,163, registering a gain of 8,139 points (up 67.7%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GAS (up 1222.3%), INTELLECT DESIGN (up 1157.9%) and ADANI ENTERPRISES (up 883.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,581 (up 0.7%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 3.5%). The most traded stocks in the BSE Sensex are TATA STEEL and ONGC.

In the meantime, NSE Nifty is at 14,951 (up 0.8%). HINDALCO (up 3.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,686 to 49,581, registering a gain of 17,895 points (up 56.42%).

CHOLAMANDALAM INVEST Financial Update...

CHOLAMANDALAM INVEST net profit stood at Rs 3 billion for the quarter ended September 2019, compared to a profit of Rs 3 billion a year ago. Net Sales rose 20.0% to Rs 22.0 billion during the period as against Rs 18.3 billion in July-September 2018.

For the year ended March 2019, CHOLAMANDALAM INVEST reported 30.4% increase in net profit to Rs 12.0 billion compared to net profit of Rs 9.2 billion during FY18.

Revenue of the company grew 27.5% to Rs 71 billion during FY19.

The current Price to earnings ratio of CHOLAMANDALAM INVEST, based on rolling 12 month earnings, stands at 6.9x.



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