Chola Inv Finance shares gain 0.25% as Sensex rises
A total of 7,627 shares changed hands on the counter till 01:24PM (IST)
Shares of & Finance Company Ltd. traded 0.25 per cent up at Rs 1198.5 at 01:24PM (IST) on Wednesday, even as benchmark gained 152.53 points to 74056.44. The stock had settled at Rs 1195.5 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 1309.75 and Rs 763.4, respectively.
As per BSE data, total traded volume on the counter till 01:24PM (IST) stood at 01:24PM shares with turnover at Rs 0.91 crore.
At the prevailing price, shares of the company trades at 31.34 times its trailing 12-month EPS of Rs 38.23 per share and 4.37 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.8.
Shareholding Details
Promoters held 50.37 per cent stake in the company as of 31-Dec-2023, while FIIs owned 24.73 per cent and DIIs 18.39 per cent.
Source: Stocks-Markets-Economic Times
