Cholamandalam Investment Share Price: Buy Cholamandalam Investment & Finance Company, Price Target Rs 743: ICICI Securities


bought Cholamandalam Investment & Finance Company with a target price of Rs.743. The current market price of & Finance is Rs.626.25. The time period given by the analyst is one year when the price of Cholamandalam Investment & Finance Company Ltd. can reach the defined goal.

Cholamandalam Investment & Finance Company Ltd., incorporated in the year 1978, is a Large Cap company (with a market capitalization of 51411.41 Crore) operating in the NBFC sector.

Cholamandalam Investment & Finance Company Ltd. key revenue products/segments include interest income, fees and commissions, sales of services and income from the sale of shares and securities for the year ending 31 March 2021.

Finances

For the quarter ended 31-03-2022, the company reported a consolidated total revenue of Rs 2656.63 crore, an increase of 3.88% over the previous quarter Total revenue of Rs 2557.46 crore and an increase of 7.13% over to the same quarter last year of 7.13% compared to the same quarter of Rs Total. The company reported a net profit after tax of Rs 691.57 crore in the last quarter.

RECOMMENDEDSTORIES FOR YOU


Promoter/FII Holdings
Promoters held 51.55 percent stake in the company as on March 31, 2022, while FIIs held 20.03 percent and DIIs 20.59 percent.

(Disclaimer: The recommendations made in this section or any report attached are from an external party. The views expressed are those of the respective authors/entities. They do not represent the views of the Economic Times (ET). ET does not guarantee, warrant because, endorse any its contents and hereby disclaims all warranties, express or implied, with respect to the same.Please consult your financial advisor and seek independent advice.



Source link

Leave a Reply

Your email address will not be published.