Sharekhan is bullish on Cholamandalam Investment and Finance Company has recommended buy rating on the stock with a target price of Rs 1350 in its research report dated October 03, 2023.

Buy Cholamandalam Investment and Finance Company; target of Rs 1350: Sharekhan

Here are the earnings estimates of major companies that are scheduled to announce their results on Thursday.

Tata Motors, Dabur, Cholamandalam Investment Q2 Results Today — Earnings Estimates

Besides LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, others in the list include L&T Finance, Piramal Capital & Housing Finance, Cholamandalam Investment and Finance Company

LIC Housing, Bajaj Finance, Shriram Finance, 12 Other NBFCs to Comply with Enhanced Regulatory Requirements: RBI - News18

Disbursements improved by 50% to ₹20,015 crore

Cholamandalam Investment Q1 net rises 28% to ₹726 cr.

Cholamandalam Investment Q1 earnings: The company’s assets under management rose 42 percent on-year to Rs 1.23 lakh crore

Cholamandalam Investment Q1 result: Net profit rise 28% to Rs 726 crore

Karur Vysya Bank (KVB) is actively engaging in co-lending deals with NBFCs to expand its customer base and boost topline. The model allows leveraging NBFCs’ expertise and reach to serve the underserved population. KVB has already partnered with Cholamandalam Investment & Finance Co Ltd, Axio, and II…

Karur Vysya Bank to announce co-lending pacts with more NBFCs

Bajaj Finance now has a market cap of Rs 4.6 lakh crore. Upon listing on stock exchanges, JFSL will take over the No.2 slot ahead of Cholamandalam Investment and Finance which is presently the second-largest NBFC with an m-cap of Rs 9.6 lakh crore.

With $20 billion weapon, Mukesh Ambani just disrupted NBFC hierarchy

The non-banking finance company will seek shareholders’ approval to authorise the board of directors to borrow in excess of the aggregate of the paid-up capital and free reserves up to a sum not exceeding ₹2 lakh crore and to create charge, mortgage, hypothecation, lien, pledge over the assets / pro…

Cholamandalam Investment to seek shareholders’ nod to nearly double borrowing powers to Rs 2 lakh cr

Sharekhan is bullish on Cholamandalam Investment and Finance Company has recommended buy rating on the stock with a target price of Rs 1350 in its research report dated June 21, 2023.

Several largecap companies in India, including Hindustan Aeronautics, Bharat Electronics, PI Industries, Titan Company, Britannia Industries, Cholamandalam Investment and Finance Company, and ITC, broke their 5-year highs on June 16th, 2023. This showed their exceptional performance, reflecting a po…

7 largecap stocks surge to new heights as several companies break 5-year highs

Hinduja group flagship Ashok Leyland on Tuesday said it has entered into a strategic partnership with Cholamandalam Investment and Finance Company Ltd to offer financing to dealers.

Ashok Leyland, Cholamandalam ink pact to offer dealer financing solutions

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Cholamandalam Investment and Finance Company Limited is a non-banking finance company that provides vehicle finance, home loans and corporate mortgage loans, small and medium enterprises (SME) loans, investment advisory services etc.