Cholamandalam Financial Holdings Faces Continued Decline Amid Broader Market Resilience

Cholamandalam Financial Holdings has experienced a notable decline today, with the stock down by 3.01% as of May 2, 2025. This performance marks a continuation of a downward trend, as the stock has now fallen for two consecutive days, resulting in an overall decline of 8.18% during this period. The stock reached an intraday low of Rs 1789.2, reflecting a decrease of 3.38%.
In terms of market performance, Cholamandalam Financial Holdings has underperformed compared to the broader sector, lagging by 3.25%. Despite this recent downturn, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages.

Looking at broader market trends, the Sensex has shown resilience, rising by 0.34% after a flat opening. Mega-cap stocks are leading this upward movement, with the Sensex trading above its 50-day moving average, although the 50-day moving average itself is below the 200-day moving average. Cholamandalam Financial Holdings has demonstrated strong long-term performance, with a remarkable 507.17% increase over the past five years, significantly outpacing the Sensex's 138.80% growth during the same period.