Cholamandalam Investment & Finance Company Ltd
CHOLAFIN

986.80

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

987.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 948.70
We recommend an ACCUMULATE on the stock due to uptick in vehicle finance disbursements, steady improvement in NIMs and improvement in asset quality. The upturn in CV cycle supported by replacement demand will support the vehicle finance disbursements. The stock is trading at 3.5x FY18E BVPS (Target Price Rs- 1021.3)
Detailed View
50 DMA (.)
936.58
100 DMA (.)
1,041.45
200 DMA (.)
994.12
Weekly Range (.)
930.10
1,044.00
Monthly Range (.)
871.55
1,044.00
52 Weeks Range (.)
593.00
1,243.00
Detailed Chart