Chola FInance share price: Buy Cholamandalam Investment & Finance Company, target price Rs 820: HDFC Securities
Time period given by analyst is Intra Day when Cholamandalam Investment & Finance Company Ltd. price can reach defined target.
Cholamandalam Investment & Finance Company Ltd., incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 62729.89 Crore) operating in NBFC sector.
Cholamandalam Investment & Finance Company Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Sale of services and Income From Sale Of Share & Securities for the year ending 31-Mar-2021.
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 2557.46 Crore, up 2.43 % from last quarter Total Income of Rs 2496.71 Crore and up 1.47 % from last year same quarter Total Income of Rs 2520.48 Crore. Company reported net profit after tax of Rs 528.04 Crore in latest quarter.
Higher high formation on all major time frame indicates that stock is in a strong up trend.
Promoters held 51.55 per cent stake in the company as of 31-Mar-2022, while FIIs owned 20.03 per cent, DIIs 20.59 per cent.
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