Chola Inv Finance shares fall 0.28 per cent in Monday's trading session
The Relative Strength Index of the stock stood at 56.68 on Monday.
Shares of & Finance Company Ltd. fell 0.28 per cent to Rs 1173.9 in Monday's trade as of 10:56AM (IST) even as the benchmark ruled at 22413.15, down 106.25 points.The scrip had closed at Rs 1177.25 in the previous session. The stock quoted a 52-week low of Rs 815.3 and a high of Rs 1309.75. The company quoted a market-cap of Rs 98366.79 crore on the .
On BSE, 8,047 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 30.64 times its trailing 12-month EPS of Rs 38.23 per share and 4.37 times its book value. The return on equity (ROE) stood at Rs 18.57.
Key Financials
For the quarter ended 31-Dec-2023, & Finance Company Ltd. reported consolidated sales of Rs 5054.76 crore, up 48.32 per cent from the same quarter a year ago. The company reported 27.34 per cent YoY growth in net profit at Rs 872.02 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Source: Stocks-Markets-Economic Times
