Chola Inv Finance share price: Chola Inv Finance share price falls as Sensex drops 1612.1 points

The share price of Cholamandalam Investment & Finance Company Ltd. fell 8.49% to 604.45 rupees as of 2:00 p.m. (IST) in Monday trading. The stock has reached a high of Rs 645.85 and a low of Rs 603.2 so far during the session. The stock had closed at Rs 660.5 in the previous session.

The counter has had a total trading volume of 185,114 shares so far with a value of Rs 11.48 crore on the NSE. It was trading at a price-to-earnings multiple of 28.93 and a price-to-book ratio of 4.78.

A higher price-to-earnings ratio shows that investors are willing to pay a higher price for the earnings per rupee generated by the stock due to better future growth expectations.

The price-to-book ratio indicates the intrinsic value of a company and reflects the price investors are willing to pay even if the company does not grow.

The certificate has gained 14.91% over the past year, while the 30-stock index is up 7.44% over the same period.

Cholamandalam Investment & Finance Company Ltd. belongs to NBFC – Diversified Industry.

Promoter/Fii Holding

Promoters held 51.55% of the company’s capital as of December 31, 2021, while FIIs and domestic institutional investors held 17.65% and 18.31% respectively.

Key financial data

The company reported consolidated sales of Rs 2,557.46 crore for the quarter ended December 31, 2021, up 2.43% from Rs 2,496.71 crore in the previous quarter and up 1.47% from at Rs 2520.48 crore in the prior year quarter.

Profit for the last quarter stood at Rs 527.71 crore, up 28.78% from the same quarter a year ago.

Eleanor C. William