Image result for Buy Cholamandalam Investment & Finance Company, target Rs 1,485: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Cholamandalam Investment & Finance Company with a target price of Rs 1,485.

The current market price of Cholamandalam Investment & Finance Company is Rs 1,417.10.

Time period given by the analyst is ‘Intra Day’ when Cholamandalam Investment & Finance Company price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 1,395.

Cholamandalam Investment & Finance Company, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 21,495.38 Crore) operating in Finance sector.

The company’s top management includes Mr.M B N Rao, Mr.M M Murugappan, Mr.N Srinivasan, Mr.Nalin Mansukhlal Shah, Mr.V Srinivasa Rangan, Mr.Vellayan Subbiah, Ms.Bharati Rao.

Company has Deloitte Haskins & Sells as its auditors.

As on 31-12-2017, the company has a total of 156,301,624 shares outstanding.

[“Source-economictimes.indiatimes”]

By Loknath

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