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    HomeNewsBusinessCholamandalam Invesment Q4 PAT seen up 1,055.6% YoY to Rs 493 cr: Sharekhan

    Cholamandalam Invesment Q4 PAT seen up 1,055.6% YoY to Rs 493 cr: Sharekhan

    Net Sales are expected to increase by 36.7 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs 1,388 crore, according to Sharekhan.

    Broker Research
    April 13, 2021 / 18:26 IST
    Cholamandalam Financial Holdings | HDFC AMC reduced its stake in the company to 4.94 percent from 7.08 percent earlier via open market transactions.

    Cholamandalam Financial Holdings | HDFC AMC reduced its stake in the company to 4.94 percent from 7.08 percent earlier via open market transactions.

     
     
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    Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the NBFC sector. The brokerage house expects Cholamandalam Invesment to report net profit at Rs 493 crore up 1,055.6% year-on-year (up 20.6% quarter-on-quarter).

    Net Sales are expected to increase by 36.7 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs 1,388 crore, according to Sharekhan.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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    Broker Research
    first published: Apr 13, 2021 06:26 pm

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