Chola Inv Finance Share Price: Chola Inv Finance stock price up 0.21 per cent as Sensex climbs

Shares of & Finance Company Ltd. rose 0.21 per cent to Rs 772.3 at 10:46AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 10,250 shares with a turnover of Rs 0.8 crore till 10:46AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 26.66, while the price-to-book value ratio stood at 5.01.

Return on equity (ROE) was at 18.29 per cent, according to exchange data. The stock hit an intraday high of Rs 783.35 and a low of Rs 771.85 during the session and quoted a 52-week high price of Rs 787.0 and a 52-week low of Rs 469.75.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.8.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 644.18 on August 08, while the 50-DMA was at Rs 663.5. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 77.2. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2022, promoters held 51.52 per cent stake in the company, while FIIs held 20.22 per cent and domestic institutional investors had 20.15 per cent.