At 10:35 AM (IST) on Thursday, shares of & Finance Company Ltd. were trading on the BSE at Rs 715.75, down 0.8% from the previous close.
6,161 lakh shares were traded on the counter up until 10:35AM (IST).
According to BSE, the market value of the shares of Cholamandalam Investment & Finance Company Ltd. was Rs. 59147.78 crore.
The price of the stock ranged between Rs 504.55 (low) and Rs 817.95 (high).
The company’s stock opened in the morning with a gap up.
The price-to-earning (P/E) multiple of the stock was 25.28, and the price-to-book value ratio was 5.01. The return on equity (ROE) was 18.29%, based on exchange statistics.
As of 30-Jun-2022, promoters owned 51.37 percent of Cholamandalam Investment & Finance Company Ltd., while institutional investors from outside and at home held 17.96 percent and 19.2 percent, respectively.
46 stocks traded in the green and 455 stocks traded in the red in the BSE500 pack.
The stock has a beta rating of 1.8, which represents volatility relative to the overall market.
On December 22, the stock’s 200-DMA was 709.93, and its 50-DMA was 729.33. A stock is typically in an uptrend if it trades below both its 50-DMA and 200-DMA. In contrast, a stock is said to be in a bearish trend if it trades below both its 50-DMA and 200-DMA, and it is said to be neutral if it moves in either range.
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