The stock quoted a 52-week low price of Rs 594.0 and a high of Rs 1003.05.
Earlier, the stock saw a gap down opening in the morning.
A total of 74,150 lakh shares changed hands on the counter till 12:51PM (IST).
The stock of Cholamandalam Investment & Finance Company Ltd. commanded a market value of Rs 82027.3 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 30.78, while the price-to-book value ratio stood at 5.01. Return on equity (ROE) was at 18.29 per cent, according to exchange data.
In the BSE500 pack, 359 stocks traded in the green, while 142 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.8.
Promotor/FII Holding
Promoters held 51.33 per cent in Cholamandalam Investment & Finance Company Ltd. as of 31-Mar-2023 while foreign portfolio investors and domestic institutional investors owned 19.63 per cent and 17.29 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 752.5 on May 08, while the 50-DMA was at 798.95. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price