1484.5000 -41.30 (-2.71%)
NSE Apr 29, 2025 15:31 PM
Volume: 2.4M
 

Choice India
Business continued to grow at higher pace: CIFL is one of the major player in the vehicles finance in the country. Heavy and light commercial vehicles finance accounts for around 40% of the vehicles finance AUM. Over the last four quarters, disbursements to vehicles finance segment witnessed a strong traction in line with the improving commercial vehicles (CV) sales growth in India. M&HCV; production growth in the last seven months (Sep-Mar) increased at avg. 26.1% YoY mainly driven by the infrastructure activity. Loan growth from this particular segment is likely to remain strong over the near to medium term...
Cholamandalam Investment & Finance Company Ltd. is trading above its 200 day SMA of 1389.4
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