The counter has had a total traded volume of 17855 shares so far with a value of Rs 1.2 crore on the NSE. It traded at a price-to-earnings multiple of 25.79 and a price-to-book ratio of 4.78.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 23.04 per cent during the past one year, while the 30-share index advanced 8.47 per cent during the same period.
Cholamandalam Investment & Finance Company Ltd. belongs to the NBFC – Diversified industry.
Promoters held 51.4 per cent stake in the company as of 31-Mar-2022, while overseas investors and domestic institutional investors ownership stood at 17.61 per cent and 19.54 per cent, respectively.
The firm reported consolidated net sales of Rs 2656.63 crore for the quarter ended 31-Mar-2022, up 3.88 per cent from the previous quarter’s Rs 2557.46 crore and up 7.13 per cent from the year-ago quarter’s Rs 2479.8 crore.
Profit for the latest quarter stood at Rs 686.74 crore, up 180.15 per cent from the same quarter a year ago.