Chola Inv Finance shares gain 0.42% as Sensex rises

Shares of & Finance Company Ltd. traded 0.42 per cent up at Rs 716.3 at 12:38PM (IST) on Tuesday, even as BSE benchmark Sensex gained 143.98 points to 57289.2. The scrip had closed at Rs 713.3 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 817.95 and Rs 469.75, respectively.

As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 12:38PM shares with turnover at Rs 1.08 crore.

At the prevailing price, the stock trades at 24.56 times its trailing 12-month earnings per share of Rs 29.06 per share and 5.01 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.8.

Shareholding Details
Promoters held 51.52 per cent stake in the company as of 30-Jun-2022, while FIIs owned 20.22 per cent and DIIs 20.15 per cent.