Chola Inv Finance rises 2.49% as Sensex climbs

Earlier, the stock saw a gap up opening in the morning.

A total of 24,734 lakh shares changed hands on the counter till 11:01AM (IST).

The stock of & Finance Company Ltd. commanded a market value of Rs 99584.31 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 31.02, while the price-to-book value ratio stood at 4.37. Return on equity (ROE) was at 18.57 per cent, according to exchange data.

In the BSE500 pack, 460 stocks traded in the green, while 40 stocks were in the red.

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

Promotor/FII Holding
Promoters held 50.23 per cent in Investment & Finance Company Ltd. as of 31-Dec-2023 while overseas and domestic institutional investors owned 24.73 per cent and 15.02 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1151.86 on April 01, while the 50-DMA was at 1126.83. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.