Chola Inv Finance stock price: Chola Inv Finance stock price up 3.14% as Sensex climbs

The shares of Cholamandalam Investment & Finance Company Ltd. rose 3.14% to Rs 529.85 as of 10:15 am (IST) on Thursday. Earlier today, the title saw a gap at the start of the session.

According to the data available on BSE, the total quantity traded over the counter stood at 33,832 shares with a turnover of Rs 1.77 crore until 10:15 am (IST). The stock was trading at a price / earnings (P / E) multiple of 27.29, while the price-to-book ratio stood at 4.78.

The return on equity (ROE) was 15.84%, according to stock exchange data. The stock hit an intraday high of Rs 531.8 and a low of Rs 517.2 during the session and listed a 52-week high of Rs 667.5 and a 52-week low of Rs 667.5. Rs 358.65.

The stock’s beta value, which measures its volatility relative to the overall market, was 1.8.

Technical indicators

The 200-DMA (Daily Moving Average) for the stock stood at Rs 554.28 on December 23, while the 50-DMA was at Rs 586.41. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, this is considered a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the action can go either way.

The Relative Strength Index (RSI) of was 41.74. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the value of the RSI is above 70 and oversold when it is below 30.

Holding promoter

As of September 30, 2021, promoters held 51.57% of the company’s capital, while foreign investors held 21.36% and domestic institutional investors 19.06%.

Eleanor C. William