Emkay Global Financial recommended reduce rating on Cholamandalam Investment with a target price of Rs 1250 in its research report dated January 30, 2024.
Emkay Global Financial is bullish on Cholamandalam Investment has recommended buy rating on the stock with a target price of Rs 1215 in its research report dated August 02, 2023.
Profit growth aided by a robust rise in AUM and a lower cost-to-income ratio
The mood is positive, despite Friday’s correction and the popular view is that the Nifty could make a new high over the next one month if not by the end of May
Valuation of Indian banks is looking fairly attractive and in some cases stocks trade below the levels during the height of Covid risk despite the fact that global events, especially in the financial sector, have stirred confidence and increased cost of equity capital, Jefferies noted.
Emkay Global Financial is bullish on Cholamandalam Investment has recommended buy rating on the stock with a target price of Rs 950 in its research report dated February 01, 2023.
The Pune-based company said it has signed an initial pact with Chola for the customers looking to avail finances to acquire electric vehicles.
Net Interest Income (NII) is expected to increase by 30 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 1,222 crore, according to Sharekhan.
Motilal Oswal has a buy rating on the stock with target of Rs 640 per share.
The scrip witnessed spurt in volume by more than 4.52 times and was trading with volumes of 499,037 shares, compared to its five day average of 120,893 shares, an increase of 312.79 percent.
The research firm is of the view that product mix and strong processes helped drive 19 percent AUM CAGR in FY15-20. It sees RoE recovering to 10 percent/16 percent in FY22, according to a CNBC-TV18 report.
Emkay Global Financial is bullish on Cholamandalam Investment has recommended buy rating on the stock with a target price of Rs 230 in its research report dated July 31, 2020.
The current commercial vehicle (CV) upcycle should last for another two years marked by policy changes, changing fleet operating dynamics, shift to higher tonnage vehicles creating a sustainable demand.
We recommend buying Cholamandalam Investment for the target of Rs 1700, with a stop loss at Rs 1,490.
"The company is consistently profit making and dividend paying company since 1979 with a strong track record of dividends to shareholders. We expect an upside of 30 percent for FY19 end with a target price Rs 2141," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
The market breadth was in favour of the advances with 1188 stocks advancing while 430 declined and 395 remained unchanged. On the other hand, in the BSE, 1491 stocks advanced and 628 declined and 106 remained unchanged.
Mitessh Thakkar of miteshthacker.com recommends buying Castrol India with a stop loss of Rs 203.50 and target of Rs 214 and Cholamandalam Investment with a stop loss of Rs 1427 and target of Rs 1485.
Mitessh Thakkar of miteshthacker.com recommends buying Axis Bank with a stop loss of Rs 529 and target of Rs 551 and Britannia Industries with a stop loss below Rs 4900 for target of Rs 5200.
Axis Direct is bullish on Cholamandalam Investment has recommended buy rating on the stock with a target price of Rs 1550 in its research report dated February 22, 2018.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC Life, V Guard Industries and Cholamandalam Investment and can sell Equitas Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Cholamandalam Investment, Yes Bank and DHFL and can sell SAIL and Jet Airways.
Amit Gupta of ICICIdirect is of the view that one can buy Cholamandalam Investment and Apollo Tyres.
Ashwani Gujral of ashwanigujral.com recommends buying Radico Khaitan with a stop loss of Rs 348, target of Rs 365, Indiabulls Housing Finance with stop loss of Rs 1300, target of Rs 1350 and a buy also on Cholamandalam Investment with a stop loss of Rs 1350, target of Rs 1410.
Mitessh Thakkar of miteshthacker.com suggests buying Amara Raja Batteries and Cholamandalam Investment.
Mitessh Thakkar of miteshthacker.com suggests buying Cholamandalam Investment and Ujjivan Financial Services.