Cholamandalam Investment & Finance Company Ltd Hits Intraday High with 3.17% Surge

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Cholamandalam Investment & Finance Company Ltd demonstrated robust intraday performance on 2 Jan 2026, touching a high of ₹1,779.9, marking a 3.28% increase from its previous close. The stock outpaced its sector and broader market indices, continuing its upward momentum with a fifth consecutive day of gains.

Intraday Trading Highlights

On 2 Jan 2026, Cholamandalam Investment & Finance Company Ltd (stock ID 972395) recorded an intraday high of ₹1,779.9, representing a 3.28% rise from the prior session’s close. The stock closed near this peak, registering a day change of 3.17%. This performance notably outperformed the Non Banking Financial Company (NBFC) sector by 2.4% and the Sensex benchmark by 3.02 percentage points, with the Sensex itself rising 0.57% to 85,675.56 points.

The stock’s close was just 0.19% shy of its 52-week high of ₹1,780.9, signalling sustained strength and investor confidence in the current price range. Cholamandalam Investment & Finance Company Ltd has now recorded gains for five consecutive trading sessions, accumulating a total return of 4.75% over this period.

Technical Positioning and Moving Averages

From a technical perspective, the stock is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment indicates a strong upward trend and positive momentum across short, medium, and long-term timeframes. The sustained trading above these averages often reflects healthy buying interest and a bullish market stance.

In comparison, the Sensex is also exhibiting bullish characteristics, trading above its 50-day moving average, which itself is positioned above the 200-day moving average. This broader market strength provides a supportive backdrop for sector and stock-level gains.

Relative Performance Across Timeframes

Cholamandalam Investment & Finance Company Ltd has consistently outperformed the Sensex across multiple time horizons. The stock’s one-day gain of 3.59% significantly exceeded the Sensex’s 0.57% rise. Over one week, the stock returned 5.21% compared to the Sensex’s 0.74%, while the one-month return stood at 4.32% against the Sensex’s 0.63%.

Longer-term performance remains impressive, with three-month returns at 11.16% versus the Sensex’s 5.79%, and a one-year gain of 40.42% compared to the Sensex’s 7.17%. Over three years, the stock has surged 143.90%, substantially outpacing the Sensex’s 40.07%. The five-year and ten-year returns are even more pronounced, at 333.73% and 1,288.65% respectively, dwarfing the Sensex’s corresponding gains of 78.98% and 227.49%.

Market Capitalisation and Mojo Score

Cholamandalam Investment & Finance Company Ltd holds a Market Cap Grade of 1, reflecting its sizeable market capitalisation within the NBFC sector. The company’s Mojo Score stands at 72.0, with a recent upgrade in its Mojo Grade from Hold to Buy on 30 Dec 2025. This upgrade signals improved market metrics and positive momentum indicators as assessed by MarketsMOJO’s proprietary scoring system.

Sector and Broader Market Context

The NBFC sector, in which Cholamandalam Investment & Finance Company Ltd operates, saw moderate gains on the day, but the company’s stock outperformed the sector by 2.4%. The broader market environment was positive, with the Sensex climbing 416.20 points after a flat opening, supported by mid-cap stocks which led gains with the BSE Mid Cap index rising 0.88%.

This positive market sentiment, combined with the stock’s technical strength and proximity to its 52-week high, contributed to the strong intraday performance. The stock’s ability to maintain levels above all major moving averages further underscores its current bullish trend.

Summary of Key Metrics

To summarise, Cholamandalam Investment & Finance Company Ltd’s key intraday and performance metrics on 2 Jan 2026 include:

Intraday high: ₹1,779.9 (+3.28%)

Day change: +3.17%

Close to 52-week high: 0.19% below ₹1,780.9

Outperformance vs NBFC sector: +2.4%

Outperformance vs Sensex: +3.02% (3.59% vs 0.57%)

Five consecutive days of gains with 4.75% total return

Trading above 5, 20, 50, 100, and 200-day moving averages

Mojo Score: 72.0, Mojo Grade upgraded to Buy on 30 Dec 2025

These figures highlight the stock’s strong momentum and resilience within the current market cycle.

Conclusion

Cholamandalam Investment & Finance Company Ltd’s performance on 2 Jan 2026 reflects a robust intraday rally, supported by favourable technical indicators and a positive market environment. The stock’s proximity to its 52-week high and consistent gains over recent sessions underscore its current strength within the NBFC sector and the broader market.

Investors and market participants will note the stock’s sustained outperformance relative to the Sensex and sector peers, as well as its upgraded Mojo Grade, which collectively paint a picture of a stock in strong form on the trading day.

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