Shares of & Finance Company Ltd. slipped 0.99 per cent to Rs 793.5 in Friday’s trade as of 01:09PM (IST). The stock hit a high price of Rs 807.05 and low of Rs 792.55 during the session.

The return on equity (ROE) for the stock stood at 18.29 per cent. Traded volume on the counter stood at 01:09PM shares and turnover at Rs 1.29 crore around that time. The stock of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high price of Rs 817.95 and 52-week low prices of Rs 469.75, respectively.

The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 1.8.

Chola Inv Finance Share Price: Share price of Chola Inv Finance falls as Nifty strengthens

Promotor/FII Holding

Promoters held 51.37 per cent stake in the company as of 30-Jun-2022, while foreign investors held 17.96 per cent and domestic institutional investors had 19.2 per cent.

Key Financials

The company reported consolidated sales of Rs 2795.91 crore for the quarter ended 30-Jun-2022, up 5.24 per cent from previous quarter’s Rs 2656.63 crore and up 12.65 per cent from the year-ago quarter’s Rs 2481.91 crore. Net profit after tax for the latest quarter stood at Rs 562.01 crore, up 71.06 per cent from the same quarter a year ago.

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.

It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.


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