Chola FInance share price: Buy Cholamandalam Investment & Finance Company, target price Rs 820: HDFC Securities
[ad_1]
Time period of time given by analyst is Intra Day when Cholamandalam Financial investment & Finance Firm Ltd. selling price can access outlined focus on.
Cholamandalam Financial investment & Finance Firm Ltd., included in the 12 months 1978, is a Massive Cap enterprise (possessing a industry cap of Rs 62729.89 Crore) operating in NBFC sector.
Cholamandalam Expenditure & Finance Enterprise Ltd. key Products and solutions/Revenue Segments include Curiosity, Costs & Fee Cash flow, Sale of expert services and Earnings From Sale Of Share & Securities for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the business claimed a Consolidated Whole Money of Rs 2557.46 Crore, up 2.43 % from previous quarter Complete Profits of Rs 2496.71 Crore and up 1.47 % from past yr very same quarter Overall Cash flow of Rs 2520.48 Crore. Company documented net income soon after tax of Rs 528.04 Crore in newest quarter.
Financial investment Rationale
Larger superior formation on all big time body signifies that inventory is in a solid up trend.
Promoter/FII Holdings
Promoters held 51.55 per cent stake in the business as of 31-Mar-2022, although FIIs owned 20.03 per cent, DIIs 20.59 per cent.
(Disclaimer: Suggestions supplied in this area or any reports connected herein are authored by an exterior get together. Views expressed are that of the respective authors/entities. These do not characterize the sights of Financial Periods (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the identical. Remember to seek advice from your economic adviser and look for independent tips.
[ad_2]
Resource hyperlink
