Cholamandalam Investment & Finance Company Ltd Hits Intraday High with 6.54% Surge

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Cholamandalam Investment & Finance Company Ltd demonstrated robust intraday performance on 3 Feb 2026, surging to an intraday high of Rs 1,736, marking an 8.8% rise from previous levels. The stock outperformed its sector and broader market indices, reflecting strong trading momentum and positive market sentiment within the Non Banking Financial Company (NBFC) space.
Cholamandalam Investment & Finance Company Ltd Hits Intraday High with 6.54% Surge

Intraday Trading Highlights

The stock opened with a notable gap up of 3.5%, signalling early bullishness among traders. Throughout the session, Cholamandalam Investment & Finance Company Ltd maintained upward momentum, eventually touching its peak intraday price of Rs 1,736, representing an 8.8% increase from the prior close. By the end of the trading day, the stock recorded a gain of 6.54%, significantly outperforming the Sensex, which rose by 2.68% on the same day.

This strong intraday surge was accompanied by the stock outperforming its sector benchmark, the Finance/NBFC sector, which itself gained 3.86%. Cholamandalam’s outperformance by 2.36% relative to its sector underscores the stock’s relative strength within the NBFC segment.

Notably, the stock has been on a positive trajectory for two consecutive days, delivering a cumulative return of 7.24% over this period. This recent run of gains highlights sustained buying interest and momentum in the stock.

Technical Positioning and Moving Averages

From a technical perspective, Cholamandalam Investment & Finance Company Ltd’s price currently trades above its 5-day, 20-day, 100-day, and 200-day moving averages, indicating a generally positive medium- to long-term trend. However, the stock remains below its 50-day moving average, suggesting some resistance at this level. This mixed technical picture reflects a stock that is gaining strength but still faces certain short-term hurdles.

The broader market context saw the Sensex opening sharply higher by 3,656.74 points but losing momentum to close with a more modest gain of 2.68% at 83,857.00. The index remains close to its 52-week high of 86,159.02, just 2.75% away, with mega-cap stocks leading the advance. Despite the Sensex trading below its 50-day moving average, the 50DMA remains above the 200DMA, indicating an overall positive market trend.

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Performance Comparison Over Various Timeframes

Cholamandalam Investment & Finance Company Ltd’s recent performance contrasts with the broader market across multiple time horizons. The stock’s one-day gain of 6.14% notably outpaced the Sensex’s 2.68% rise. Over the past week, the stock gained 3.23%, slightly ahead of the Sensex’s 2.44% increase.

However, over longer periods, the stock has experienced some relative softness. Its one-month return stands at -4.88%, compared to the Sensex’s -2.22%, while the three-month return is -1.46% versus the Sensex’s -0.14%. Year-to-date, Cholamandalam has declined marginally by 0.51%, slightly better than the Sensex’s 1.60% fall.

On a more extended basis, the stock has delivered strong returns, significantly outperforming the Sensex. Over one year, it has gained 26.74% compared to the Sensex’s 8.64%. The three-year and five-year returns are particularly impressive at 117.10% and 267.97%, respectively, far exceeding the Sensex’s 37.83% and 66.86%. Over a decade, Cholamandalam’s return of 1,192.33% dwarfs the Sensex’s 246.18%, reflecting its long-term growth trajectory.

Mojo Score and Rating Update

Cholamandalam Investment & Finance Company Ltd currently holds a Mojo Score of 71.0, categorised as a Buy grade. This represents an upgrade from its previous Hold rating, effective from 13 Jan 2026. The company’s market capitalisation grade is 1, indicating a strong market cap standing within its sector.

This upgrade reflects improved fundamentals and price strength, aligning with the stock’s recent positive price action and technical positioning.

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Sector and Market Context

The Non Banking Financial Company (NBFC) sector, to which Cholamandalam belongs, recorded a gain of 3.86% on the day, supported by broad-based buying interest. Cholamandalam’s outperformance relative to its sector highlights its strong position within the NBFC space.

Meanwhile, the broader market environment was characterised by a volatile session for the Sensex. After a strong gap up opening, the index retraced some gains but still closed with a solid 2.68% advance. Mega-cap stocks led the market rally, supporting overall positive sentiment despite some intraday profit-taking.

Cholamandalam’s ability to sustain gains and reach an intraday high of Rs 1,736 amid this market backdrop underscores its resilience and appeal to traders during the session.

Summary of Key Trading Metrics

To summarise the key intraday metrics for Cholamandalam Investment & Finance Company Ltd on 3 Feb 2026:

  • Opening price gap up: +3.5%
  • Intraday high: Rs 1,736 (8.8% increase)
  • Closing day change: +6.54%
  • Outperformance vs sector: +2.36%
  • Consecutive gains over 2 days: +7.24%
  • Trading above 5, 20, 100, 200-day moving averages; below 50-day moving average

These figures highlight the stock’s strong intraday momentum and relative strength within its sector and the broader market.

Conclusion

Cholamandalam Investment & Finance Company Ltd’s strong intraday performance on 3 Feb 2026, marked by a significant price surge and outperformance relative to both its sector and the Sensex, reflects robust trading activity and positive market dynamics. The stock’s technical positioning and recent rating upgrade further reinforce its current strength in the NBFC sector.

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