Cholamandalam Investment & Finance Company Sees Notable Revision in Its Stock Evaluation

Cholamandalam Investment & Finance Company has recently experienced a notable adjustment in its evaluation, reflecting its strong performance in the finance sector. On January 3, 2025, the stock gained 3.25%, outperforming its sector by 2.59%. This marks the third consecutive day of gains for the company, with a remarkable 10.48% increase over this period.
The stock reached an intraday high of Rs 1318.2, showcasing a rise of 3.69%. In terms of moving averages, Cholamandalam Investment & Finance Company is currently positioned above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In a broader market context, the stock's one-day performance of 3.59% stands in stark contrast to the Sensex, which recorded a decline of 0.51%. Over the past month, Cholamandalam Investment & Finance Company has also outperformed the Sensex, achieving a 4.95% increase compared to the index's drop of 1.62%. Additionally, the stock has been added to MarketsMOJO's list, further highlighting its current market position.