Chola Inv Finance shares gain 2.33% as Sensex rises

Chola Inv Finance shares gain 2.33% as Sensex rises
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A total of 25,222 shares changed hands on the counter till 11:27AM (IST)

Reuters
Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction.
Shares of the Cholamandalam Investment & Finance Company Ltd. traded at Rs 512.85 on BSE at 11:27AM (IST) on Tuesday, up 2.33 per cent. The stock quoted a 52-week low price of Rs 210.5 and a high of Rs 600.9.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 29.69 times its trailing 12-month EPS of Rs 17.29 per share and 4.78 times its book value, as per BSE data.

A total of 25,222 shares changed hands on the counter till 11:27AM (IST). The stock commands a market value of Rs 42100.12 crore and is part of the NBFC - Diversified industry.

The scrip has been an outperformer , up 141.57 per cent in the past one year in comparison with a 46.29 per cent gain in Sensex.

During the day, the stock moved between Rs 514.3 and Rs 501.6.

Promoter/FII Holding
Promoters held 51.6 per cent in the company as of 30-Jun-2021. FII and MF ownership in Cholamandalam Investment & Finance Company Ltd. stood at 18.85 per cent and 17.93 per cent, respectively.

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