A bulk deal of 6.54 lakh shares was executed on the Cholamandalam Investment and Finance Company counter at Rs 255 per share at 10:44 IST on the BSE today, 10 June 2013.
Meanwhile, the S&P BSE Sensex was down 39.07 points or 0.2% at 19,390.16.
On BSE, 6.55 lakh shares were traded in the counter as against average daily volume of 1,267 shares in the past two weeks.
The stock hit a high of Rs 274.65 and a low of Rs 255 so far during the day. The stock had hit a 52-week high of Rs 307.50 on 28 February 2013. The stock had hit a 52-week low of Rs 160 on 8 June 2012.
The mid-cap company has equity capital of Rs 143.14 crore. Face value per share is Rs 10.
On a consolidated basis, Cholamandalam Investment and Finance Company's net profit jumped 43.8% to Rs 87.41 crore on 38.6% growth in total income to Rs 730.69 crore in Q4 March 2013 over Q4 March 2012.
Cholamandalam Investment and Finance Company is the financial services arm of the Murugappa Group. The company provides a comprehensive range of financial services, offering vehicle finance, business finance, home equity loans, stock broking and distribution of financial products to its customers. The company has a network of 518 branches as on 31 March 2013.
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