Page 2 - Cholamandalam Investment & Finance
Weekly stock recommendations by Ajit Mishra: Buy MGL, The Ramco Cements
MGL witnessed a fresh breakout from the consolidation range on June 15 and made new record highs as well
 "Weekly stock recommendations by Ajit Mishra: Buy MGL, The Ramco Cements")
Bull spread strategy on Cholamandalam Finance by HDFC Securities
Stock price has broken out from the downward slopping trendline on the daily chart by adjoining the highs of April 30 and May 7, 2021
 "Bull spread strategy on Cholamandalam Finance by HDFC Securities")
Cholamandalam Investment MD Arun Alagappan quits, to step down on Feb 14
Will assume larger responsibilities within the Group, say Sources
 "Cholamandalam Investment MD Arun Alagappan quits, to step down on Feb 14")
Post Covid-19 lockdowns, demand for vehicle loans is rising, says financier
The lockdown, which impacted the movement of vehicles across states, and subdued economic growth in the last few years impacted sales of commercial vehicles
 "Post Covid-19 lockdowns, demand for vehicle loans is rising, says financier")
Karur Vysya Bank joins hands with Maruti Suzuki to offer car loans
The loans are available to both salaried and self-employed customers.
 "Karur Vysya Bank joins hands with Maruti Suzuki to offer car loans")
Cholamandalam Financial Holdings profit before tax declines 25.8%
For the year 2019-20, the profit before tax declined 15.4 per cent at Rs 1,806.89 crore compared to Rs 2,135.90 crore during the previous year
 "Cholamandalam Financial Holdings profit before tax declines 25.8%")
Cholamandalam's investors should brace for higher asset quality pressure
Management expects further rise in already-high moratorium book
 "Cholamandalam's investors should brace for higher asset quality pressure")
Maruti Suzuki launches 'Buy-Now-Pay-Later Offer': All you need to know
It is aimed to provide customers with easy financing options, MSI said in a statement
 "Maruti Suzuki launches 'Buy-Now-Pay-Later Offer': All you need to know")
Covid-19 impact: Cholamandalam's Q4 disbursements down 35%, AUM up 12%
Firm has offered moratorium to its customers but hasn't availed the facility on its own borrowings
 "Covid-19 impact: Cholamandalam's Q4 disbursements down 35%, AUM up 12%")
Cholamandalam eyes mortgage-finance segment, to offer Rs 15 lakh loans
The company will target buyers of low-cost homes and offer loans of as much as Rs 15 lakh
 "Cholamandalam eyes mortgage-finance segment, to offer Rs 15 lakh loans")
Q1 results: Agile models support Shriram Transport, Chola Finance
Both were quick to adapt to a changing environment
 "Q1 results: Agile models support Shriram Transport, Chola Finance")
Cholamandalam Investment and Finance net profit up by 2.3%
The total income grew by 29.5 per cent to Rs 1885.34 crore
 "Cholamandalam Investment and Finance net profit up by 2.3%")
Cholamandalam Investment & Finance Q2 net profit up 50% led by HCV segment
The company is expecting NHB's approval for its housing finance subsidiary in the next two to three months
 "Cholamandalam Investment & Finance Q2 net profit up 50% led by HCV segment")
From Cholamandalam to Indostar, CVs to drive auto financiers' growth
Cholamandalam Finance and Shriram Transport Finance, among others, will be key beneficiaries
 "From Cholamandalam to Indostar, CVs to drive auto financiers' growth")
Chola Finance net profit up 14% to Rs 221 cr
Total income from operations stood at Rs 1,222 cr
 "Chola Finance net profit up 14% to Rs 221 cr")
Cholamandalam Investment & Finance net profit up 37.5% at Rs 167.34 crore
The growth was supported by the lower net credit losses, which is the provisioning of the NBFC towards the NPAs
 "Cholamandalam Investment & Finance net profit up 37.5% at Rs 167.34 crore")
