PI Global Investments

Chola Inv Finance Share Price: Chola Inv Finance shares down 0.72% as Nifty drops

NEW DELHI: Shares of & Finance Company Ltd. traded 0.72 per cent down in Monday’s trade at 11:37AM (IST). Around 13,755 shares changed hands on the counter.

The stock opened at Rs 690.25 and touched an intraday high and low of Rs 692.75 and Rs 680.15, respectively, in the session so far. Shares of the company of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high of Rs 770.05 and a 52-week low of Rs 469.75.

Total market cap of the Cholamandalam Investment & Finance Company Ltd. stood at Rs 56013.77 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 2656.63 crore for the quarter ended 31-Mar-2022, up 3.88 per cent from previous quarter’s Rs 2557.46 crore and up 7.13 per cent from the year-ago quarter’s Rs 2479.8 crore.

The net profit for latest quarter stood at Rs 686.74 crore, up 180.15 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2022, DIIs held 19.2 per cent stake in the firm, while foreign institutional investors held 20.22 per cent and the promoters 51.52 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 26.01 and a price-to-book ratio of 5.01. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

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

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