Chola Inv Finance share price: Chola Inv Finance share price up 0.63% as Sensex climbs

The shares of & Finance Company Ltd. rose 0.63% to 793.65 rupees at 10:51 a.m. (IST) on Wednesday. Earlier in the day, the stock saw a gap in early trading.

According to available BSE data, the total amount traded over the counter stood at 63,557 shares with a turnover of Rs 5.06 crore as of 10:51 a.m. (IST). The stock traded at a price/earnings (P/E) multiple of 27.32, while the price-to-book ratio stood at 5.01.

The return on equity (ROE) was 18.29%, according to data from the exchange. The stock hit an intraday high of Rs 800.95 and a low of Rs 789.95 during the session and quoted a 52-week high price of Rs 800.95 and a 52-week low of Rs 469, 75.

The stock’s beta, which measures its volatility relative to the broader market, was 1.8.

Technical indicators

The 200-DMA (daily moving average) of the stock stood at Rs 648.7 on August 17, while the 50-DMA was at Rs 674.91. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered to be in a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the stock can go either way.

The relative strength index (RSI) of stood at 79.23. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.

Promoter Holder

As of June 30, 2022, promoters held 51.52% of the company’s capital, while foreign institutional investors held 20.22% and domestic institutional investors 20.15%.