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

Edna B. Shearer June 11, 2022 2 minutes read

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    • Edna B. Shearer
has purchase phone on Cholamandalam Investment decision & Finance Firm with a goal cost of Rs 743. The present-day market place selling price of Cholamandalam Expenditure & Finance Business Ltd. is Rs 672. Time period offered by analyst is just one yr when & Finance Firm Ltd. cost can get to defined target.

Cholamandalam Investment decision & Finance Firm Ltd., incorporated in the yr 1978, is a Large Cap business (possessing a marketplace cap of Rs 54888.65 Crore) operating in NBFC sector.

Cholamandalam Financial commitment & Finance Corporation Ltd. essential Goods/Income Segments involve Interest, Charges & Fee Income, Sale of providers and Profits From Sale Of Share & Securities for the year ending 31-Mar-2021.

Financials

For the quarter finished 31-03-2022, the business reported a Consolidated Whole Income of Rs 2656.63 Crore, up 3.88 % from final quarter Complete Money of Rs 2557.46 Crore and up 7.13 % from very last yr very same quarter Total Revenue of Rs 2479.80 Crore. Firm reported web income just after tax of Rs 691.57 Crore in latest quarter.

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

(Disclaimer: Suggestions specified in this portion or any studies connected herein are authored by an exterior social gathering. Sights expressed are that of the respective authors/entities. These do not depict the views of Financial Occasions (ET). ET does not assurance, vouch for, endorse any of its contents and hereby disclaims all warranties, convey or implied, relating to the very same. Make sure you consult your financial adviser and look for independent suggestions.

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