3 days Ago
NEW DELHI: Shares of Cholamandalam Investment & Finance Company Ltd. traded 0.25 per cent up in Monday's trade at 10:50AM (IST).
Around 7,255 shares changed hands on the counter. The scrip opened at Rs 1575.95 and touched an intraday high and low of Rs 1589.
75 and Rs 1575.95, respectively, in the session so far. The stock of Cholamandalam Investment & Finance Company Ltd.
quoted a 52-week high of Rs 1593.9 and a 52-week low of Rs 1011.5.
As per BSE , the total market cap of the Cholamandalam Investment & Finance Company Ltd. stood at Rs 132905.15 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 5856.75 crore for the quarter ended 30-Jun-2024, up 6.5 per cent from previous quarter's Rs 5499.
16 crore and up 40.42 per cent from the year-ago quarter's Rs 4170.79 crore.
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Shareholding pattern As of 30-Jun-2024, domestic institutional investors held 14.23 per cent stake in the company, while foreign institutional investors held 26.62 per cent and the promoters 50.
18 per cent. Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 36.34 and a price-to-book ratio of 4.
96. 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. (You can now subscribe to our ETMarkets WhatsApp channel ).
