Chola Inv Finance shares rise 1.11% as Sensex slides

Shares of the Cholamandalam Investment & Finance Company Ltd. traded at Rs 573.25 on BSE at 12:49PM (IST) on Friday, up 1.11 per cent from previous close.

The stock quoted a 52-week low price of Rs 345.2 and a high of Rs 667.5.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 59,140 lakh shares changed hands on the counter till 12:49PM (IST).

The stock of Cholamandalam Investment & Finance Company Ltd. commands a market value of Rs 46976.66 crore.

The stock traded at a price-to-earning (P/E) multiple of 29.47, while the price-to-book value ratio stood at 4.78. Return on equity (ROE) was at 15.84 per cent, according to exchange data.

In the BSE500 pack, 273 stocks traded in the green, while 227 stocks were in the red.

Promotor Holding
Promoters held 51.57 per cent in the Cholamandalam Investment & Finance Company Ltd. as of 30-Sep-2021 while foreign portfolio investors and domestic institutional investors owned 21.36 per cent and 19.06 per cent, respectively.