Cholamandalam Investment Achieves 52-Week High Amid Strong Financial Performance

Cholamandalam Investment & Finance Company has made headlines today as its stock price reached a new 52-week high of Rs. 1653.8, marking a significant milestone for the large-cap finance and non-banking financial company (NBFC). The stock outperformed its sector by 1.89%, reflecting strong market momentum. Cholamandalam's performance indicators are impressive, with a remarkable 45.91% increase over the past year, significantly surpassing the Sensex's 8.63% growth during the same period. The company has consistently reported positive results for the last nine consecutive quarters, with net sales hitting a record Rs. 6,732.98 crore and a highest PBDIT of Rs. 4,694.88 crore. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust technical position. Additionally, Cholamandalam boasts a strong return on equity (ROE) of 16.97% and healthy long-term growth, with net sales growing at an annual rate of 23.45%. With high institutional holdings at 43.53%, the company demonstrates solid fundamental strength and market confidence.