Saturday, October 16, 2021



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Cholamandalam Investment and Finance Company Limited

CMP: 594

➽  Cholamandalam Investment and Finance Company Limited, a non-banking finance company, provides various financial services in India. The company operates through Vehicle Finance Loans, Loan Against Property, Home Loans, and Other loans segments. 

It offers two and three wheeler loans, commercial vehicle loans, tractor loans, car and MUV loans, and construction equipment loans, as well as loans to automobile dealers; loans against properties; home loans; loans for the purchase of resale and new flats, independent houses, and plots; ready to occupy homes; balance transfer facility for existing home loans; home equity loans; business loans for micro, and small and medium enterprises; rural and agri-loans; and refinance against existing vehicles.

  The company also provides wealth management services that cover mutual funds, fixed deposits and bonds, PMS, insurance, sovereign gold bonds, and initial public offers; investment advisory services; other unsecured loans; and stockbroking services for mutual funds, stocks and derivatives, exchange-traded funds, and bonds, as well as internet broking, demat, and depository participant services. As of March 31, 2021, it operated through a network of 1,137 branches. The company was incorporated in 1978 and is headquartered in Chennai, India.

  Price Levels

Make long position for the potential upside level of 644 - 674 in short term.

Thanks for your Precious Time.

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