Chola Inv Finance Share Worth: Share value of Chola Inv Finance falls as Nifty strengthens

Shares of Cholamandalam Investment & Finance Company Ltd. slipped 0.92 per cent to Rs 737.55 in Thursday’s commerce as of 01:08PM (IST).

The inventory hit a excessive value of Rs 760.0 and low of Rs 733.45 throughout the session.

The return on fairness (ROE) for the inventory stood at 15.84 per cent. Traded quantity on the counter stood at 01:08PM shares and turnover at Rs 1.46 crore round that point.

The inventory of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week excessive and 52-week low costs of Rs 770.05 and Rs 469.75, respectively.

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

Promotor/FII Holding

Promoters held 51.55 per cent stake within the firm as of 31-Mar-2022, whereas FIIs held 20.03 per cent and home institutional buyers had 20.59 per cent.

Key Financials

The firm reported consolidated gross sales of Rs 2557.46 crore for the quarter ended 31-Dec-2021, up 2.43 per cent from earlier quarter’s Rs 2496.71 crore and up 1.47 per cent from the year-ago quarter’s Rs 2520.48 crore.

Net revenue after tax for the newest quarter stood at Rs 527.71 crore, up 28.78 per cent from the identical quarter a yr in the past.

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