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harishnarayan2579
Mar 11, 2024 2:53 PM

Chola Fin reversing at support  Long

CHOLAMANDALAM INVNSE

Description

Cholafin reversing at recent support levels after major finance meltdown.
Available at decent valuations.

PE 28 > IND PE 20
PEG 1.2
Decent ROE, ROCE
Profit growth 28, 5yrs CAGR 23
Promoter Holding 50% , FII increased stake around 3bps in Dec QTR
Low Public holding <7%

Hold for 1300 Target , recent High

Trade closed: target reached

Target reached - 5/2
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