Getty ImagesShares of Cholamandalam Investment & Finance Company Ltd. rose 0.39 per cent to Rs 641.0 in Tuesday's trade as of 11:53AM (IST) even as the benchmark Nifty ruled at 18058.25, down 10.3 points.
The scrip had closed at Rs 638.5 in the previous session. The stock quoted a 52-week low of Rs 299.15 and a high of Rs 651.0. The company quoted a market-cap of Rs 52463.02 crore on the BSE.
On BSE, 56,846 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 32.91 times its trailing 12-month EPS of Rs 19.42 per share and 4.78 times its book value. The return on equity (ROE) stood at Rs 15.84.
Key Financials
For the quarter ended 30-Sep-2021, Cholamandalam Investment & Finance Company Ltd. reported consolidated sales of Rs 2496.71 crore, up 1.58 per cent from the same quarter a year ago. The company reported 40.46 per cent YoY growth in net profit at Rs 610.51 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 638.5 in the previous session. The stock quoted a 52-week low of Rs 299.15 and a high of Rs 651.0. The company quoted a market-cap of Rs 52463.02 crore on the BSE.
On BSE, 56,846 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 32.91 times its trailing 12-month EPS of Rs 19.42 per share and 4.78 times its book value. The return on equity (ROE) stood at Rs 15.84.
Key Financials
For the quarter ended 30-Sep-2021, Cholamandalam Investment & Finance Company Ltd. reported consolidated sales of Rs 2496.71 crore, up 1.58 per cent from the same quarter a year ago. The company reported 40.46 per cent YoY growth in net profit at Rs 610.51 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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