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Chola Inv Finance Share Price: Share price of Chola Inv Finance falls as Sensex falls by 196.07 points.

Shares of Cholamandalam Investment & Finance Company Ltd. were down 1.03% at Rs 1074.15 at 1:39 PM IST in Thursday trading. The counter hit a high of Rs 1096.1 and a low of Rs 1068.0 so far during the session. The stock had closed at Rs 1085.4 in the previous session.

The counter has recorded a turnover of Rs 1.7 crore on the BSE so far, with total trading volume at 1.39 pm. The stock traded at a price-to-earnings ratio of 28.1 and a price-to-book ratio of 4.37.

A higher P/E ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock offers due to expectations of better future growth.

Price book value represents the intrinsic value of a company and measures the price investors are prepared to pay even if the company does not grow.

Cholamandalam Investment & Finance Company Ltd. belongs to NBFC (Diversified Industries).

Promoter/FII holdings
As of December 31, 2023, promoters hold 50.37% stake in the company, while foreign investors and domestic institutional investors hold 24.73% and 18.39% stake, respectively.

main financial
The company reported consolidated net sales of Rs 5,054.76 crore for the quarter ended December 31, 2023, up 7.66% from Rs 4,695.16 crore in the previous quarter and 48.32% up from Rs 3,408.09 crore in the year-ago quarter.

Its latest quarter profit stood at Rs 872.02 crore, up 27.34% year-on-year.

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