Cholamandalam Financial Holdings' Stock Sees 3.47% Increase, Outperforms Sector and Sensex

Cholamandalam Financial Holdings, a leading finance and non-banking financial company (NBFC) in India, saw a 3.47% increase in its stock price on November 28, 2024. The stock has been performing well in the past few days, gaining 5.89% in the last three days alone.

According to MarketsMOJO, a leading stock market analysis platform, the current call for Cholamandalam Financial Holdings' stock is 'Hold'. The stock has also outperformed the sector by 2.79% today, indicating a positive trend.

The stock touched an intraday high of Rs 1583, showing a 3.19% increase. However, it is currently trading higher than its 5-day and 200-day moving averages, but lower than its 20-day, 50-day, and 100-day moving averages.

In comparison to the Sensex, Cholamandalam Financial Holdings' stock has performed better in the past 1 day and 1 month, with a 3.37% and -6.61% return respectively. In contrast, the Sensex has shown a -0.89% and -0.61% return in the same time periods.

Cholamandalam Financial Holdings has established itself as a large-cap player in the finance and NBFC industry in India. With its recent stock performance and positive outlook, it continues to be a strong player in the market.