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Cholamandalam Investment share price: Buy Cholamandalam Investment & Finance Company, target price Rs 743: ICICI Securities

Posted on June 10, 2022 by Alexis Juanita

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has acquire connect with on Cholamandalam Expense & Finance Company with a goal rate of Rs 743. The existing market value of Cholamandalam Expense & Finance Organization Ltd. is Rs 672. Time time period presented by analyst is a single yr when & Finance Firm Ltd. value can attain outlined concentrate on.

Cholamandalam Investment decision & Finance Business Ltd., incorporated in the 12 months 1978, is a Huge Cap organization (having a current market cap of Rs 54888.65 Crore) operating in NBFC sector.

Cholamandalam Expense & Finance Enterprise Ltd. critical Items/Earnings Segments include Fascination, Fees & Commission Income, Sale of companies and Earnings From Sale Of Share & Securities for the 12 months ending 31-Mar-2021.

Financials

For the quarter ended 31-03-2022, the enterprise described a Consolidated Overall Money of Rs 2656.63 Crore, up 3.88 % from very last quarter Overall Profits of Rs 2557.46 Crore and up 7.13 % from last calendar year very same quarter Overall Cash flow of Rs 2479.80 Crore. Firm reported net profit immediately after tax of Rs 691.57 Crore in newest quarter.

ProposedStories FOR YOU

Promoter/FII Holdings
Promoters held 51.55 for each cent stake in the company as of 31-Mar-2022, whilst FIIs owned 20.03 for each cent, DIIs 20.59 for each cent.

(Disclaimer: Recommendations specified in this part or any studies connected herein are authored by an external social gathering. Sights expressed are that of the respective authors/entities. These do not symbolize the sights of Economic Occasions (ET). ET does not assure, vouch for, endorse any of its contents and hereby disclaims all warranties, categorical or implied, relating to the same. You should talk to your financial adviser and search for independent tips.

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