Share price of Chola Inv Finance  rises  as Nifty  strengthens

A total of 2,594 shares changed hands on the counter till 11:36AM (IST).

Shares of & Finance Company Ltd. gained 0.31 per cent to Rs 1264.45 in Monday's trade as of 11:36AM (IST).

The stock hit a high price of Rs 1270.7 and low of Rs 1255.55 during the session.

The return on equity (ROE) for the stock stood at 17.45 per cent. Traded volume on the counter stood at 11:36AM shares and turnover at Rs 0.33 crore around that time.

The stock of & Finance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 1352.9 and Rs 997.4, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.8.

Promotor/FII Holding
Promoters held 50.37 per cent stake in the company as of 31-Dec-2023, while overseas investors held 24.73 per cent and domestic institutional investors had 18.39 per cent.

Key Financials
The company reported consolidated sales of Rs 5499.16 crore for the quarter ended 31-Mar-2024, up 8.79 per cent from previous quarter's Rs 5054.76 crore and up 43.41 per cent from the year-ago quarter's Rs 3834.57 crore.

Net profit after tax for the latest quarter stood at Rs 1065.23 crore, up 24.56 per cent from the same quarter a year ago.

Source: Stocks-Markets-Economic Times

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