Cholamandalam Investment & Finance Company (CIFCL) Outperforms Sector with 3.26% Stock Gain

Feb 13 2024 10:35 AM IST
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Cholamandalam Investment & Finance Company (CIFCL) has been in the spotlight for its recent stock performance, gaining 3.26% on February 13th and outperforming the sector by 3%. MarketsMojo has given a 'Buy' call for the stock, which has shown a trend reversal and touched an intraday high of Rs 1138.9. CIFCL is a largecap company known for its strong financial services and customer-centric approach.

Cholamandalam Investment & Finance Company (CIFCL) has been making headlines in the finance industry with its recent stock performance. On February 13th, the company's stock gained 3.26%, outperforming the sector by 3%. This positive trend has caught the attention of MarketsMOJO, who has given a 'Buy' call for the stock.

The stock's price summary shows that it has been performing well, with a trend reversal after three consecutive days of fall. It also touched an intraday high of Rs 1138.9, showing a 3.42% increase. While the stock's moving averages are higher than the 200-day moving average, it is lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

In comparison to the Sensex performance, CIFCL has shown a 1-day performance of 3.36%, while the Sensex has only shown a 0.54% performance. Similarly, in the past month, CIFCL has outperformed the Sensex with a -8.76% performance compared to the Sensex's -1.54%.

CIFCL is a largecap company in the finance/NBFC industry, known for its strong financial services and customer-centric approach. With its recent positive performance and a 'Buy' call from MarketsMOJO, it is definitely a company to keep an eye on in the finance sector.
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