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Cholamandalam Investment surges on inking strategic pact with JCB India

14 Dec 2017 Evaluate

Cholamandalam Investment & Finance Company is currently trading at Rs. 1297.55, up by 8.15 points or 0.63% from its previous closing of Rs. 1289.40 on the BSE.

The scrip opened at Rs. 1292.00 and has touched a high and low of Rs. 1304.75 and Rs. 1280.00 respectively. So far 1455 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1355.05 on 17-Nov-2017 and a 52 week low of Rs. 805.10 on 15-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1307.75 and Rs. 1262.75 respectively. The current market cap of the company is Rs. 20247.31 crore.

The promoters holding in the company stood at 53.07%, while Institutions and Non-Institutions held 37.12% and 9.81% respectively.

Cholamandalam Investment and Finance Company (Chola) has entered into a strategic partnership with earthmoving and construction equipment maker JCB India for financing latter’s entire range of products. Chola will customise its products and offerings to suit the needs of JCB’s customers.

Through this strategic partnership, JCB India is aiming to give Chola the best product and finance experience in the industry. Chola has relationship with several vehicle manufacturers and dealers, and is one of the leaders in the commercial vehicle financing segment.

Cholamandalam Investment and Finance Company is among the top 5 NBFC’s in the country operating in vehicle finance, home equity, corporate and mortgage finance segments with subsidiaries in the broking and wealth advisory space.

Chola Invest & Fin. Share Price

1579.65 10.55 (0.67%)
17-Apr-2026 16:59 View Price Chart
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