Cholamandalam Financial Holdings Reaches New High Amid Broader Market Decline

Cholamandalam Financial Holdings has shown significant activity today, gaining 3.2% and reaching a new 52-week and all-time high of Rs. 2232.4. The stock outperformed its sector by 4.4%, reflecting strong market performance amid a generally bearish trend in the broader market, as the Sensex fell by 0.18% after a positive opening.
The stock experienced high volatility today, with an intraday volatility of 5.16%. It also traded above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust short- to long-term performance trend.

In terms of performance metrics, Cholamandalam Financial Holdings has demonstrated impressive returns over various time frames. Over the past year, the stock has surged by 39.67%, significantly outperforming the Sensex, which has only gained 5.14% in the same period. Year-to-date, the stock has risen by 55.73%, while the Sensex has increased by 6.89%. Over the last three years, Cholamandalam has delivered a remarkable 261.27% return, compared to the Sensex's 57.87%. This performance underscores the company's strong position within the non-banking financial sector.