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STOCK MARKET

Cholamandalam Investment & Finance Company Ltd Soars Gains for Fifth Straight Session

Picture Source: Internet

On National Stock Exchange (NSE), Cholamandalam Investment & Finance Company Ltd is quoting Rs 752.65, up 0.81%. The stock is up 35.62% in 2021 compared to a 7.3% jump in Nifty and an 8.37% jump in Nifty Energy.

On December 13, Cholamandalam Investment & Finance Company Ltd is up for a fifth session. The stock is up 0.81%. The benchmark Nifty is up around 0.5% on the day. The Sensex is up 0.57%. Cholamandalam Investment & Finance Company Ltd gained about 4.46% in November 2022.

Meanwhile, the Nifty Energy index of which Cholamandalam Investment & Finance Company Ltd gained around 2.29% on November 22 and recently traded up 0.47%. The volume in the stock stood at 6.54 lakh shares on December 13 compared to the daily average of 11.44 lakh shares on November 22.

In the December futures contract, the stock is up 0.73%. Cholamandalam Investment & Finance Company Ltd is up 35.62% in 2021, compared to a 7.3% jump in Nifty and an 8.37% jump in the Nifty Energy index.

As of September 2022, the PE of the stock is 26.2 based on TTM earnings.

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