
Shares of & Finance Company Ltd. fell 0.52 per cent to Rs 799.5 in Wednesday's trade as of 01:03PM (IST) even as the benchmark Nifty ruled at 17618.1, down 37.5 points.
The scrip had closed at Rs 803.7 in the previous session. The stock quoted a 52-week low of Rs 469.75 and a high of Rs 817.95. The company quoted a market-cap of Rs 65691.0 crore on the BSE.
On BSE, 14,433 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 27.52 times its trailing 12-month EPS of Rs 29.06 per share and 5.01 times its book value. The return on equity (ROE) stood at Rs 18.29.
Key Financials
For the quarter ended 30-Jun-2022, Cholamandalam Investment & Finance Company Ltd. reported consolidated sales of Rs 2795.91 crore, up 12.65 per cent from the same quarter a year ago. The company reported 71.06 per cent YoY growth in net profit at Rs 562.01 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. 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 803.7 in the previous session. The stock quoted a 52-week low of Rs 469.75 and a high of Rs 817.95. The company quoted a market-cap of Rs 65691.0 crore on the BSE.
On BSE, 14,433 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 27.52 times its trailing 12-month EPS of Rs 29.06 per share and 5.01 times its book value. The return on equity (ROE) stood at Rs 18.29.
Key Financials
For the quarter ended 30-Jun-2022, Cholamandalam Investment & Finance Company Ltd. reported consolidated sales of Rs 2795.91 crore, up 12.65 per cent from the same quarter a year ago. The company reported 71.06 per cent YoY growth in net profit at Rs 562.01 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. 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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