Kulkarni told CNBC-TV18, "Cholamandalam Investment and Finance Company has given a strong breakout but it has cooled off from the day's high, so I would wait for the stock to consolidate. The stock is in a good higher top, higher bottom trend. Traders should hold on to this particular counter with stoploss of Rs 170 on the lower side, so long as it stays above Rs 170 the chart structure remains bullish."
The company's trailing 12-month (TTM) EPS was at Rs 6.89 per share. (Sep, 2010). The stock's price-to-earnings (P/E) ratio was 27.72. The latest book value of the company is Rs 45.09 per share. At current value, the price-to-book value of the company was 4.24. The dividend yield of the company was 0.52%.
