Cholamandalam Financial Holdings Limited (CFHL), a prominent entity within the Murugappa Group, stands as a testament to India's dynamic financial services sector. Established in 1978, CFHL has evolved into a comprehensive investment company, holding significant stakes in various financial services and risk management enterprises.
Financial Performance
In the fiscal year 2023-2024, CFHL reported consolidated revenue of ₹258,035.2 million, reflecting a significant increase from ₹181,458.7 million in the previous year. The net income for the same period stood at ₹17,725.2 million, up from ₹12,902.3 million in 2022-2023. Total assets as of March 31, 2024, were valued at ₹1,769,176.7 million, with total liabilities amounting to ₹1,666,759.4 million.
Shareholding Structure
The shareholding pattern of CFHL is as follows:
Technical Analysis
From December to February, the price remained in a consolidation phase and formed a double bottom pattern. The breakout from this pattern occurred on **27/02/2025**. If the price closes and sustains above 1644 on the daily timeframe, we can anticipate a strong upward movement towards 1981.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investors are advised to conduct their own research or consult with a financial advisor before making investment decisions.
Financial Performance
In the fiscal year 2023-2024, CFHL reported consolidated revenue of ₹258,035.2 million, reflecting a significant increase from ₹181,458.7 million in the previous year. The net income for the same period stood at ₹17,725.2 million, up from ₹12,902.3 million in 2022-2023. Total assets as of March 31, 2024, were valued at ₹1,769,176.7 million, with total liabilities amounting to ₹1,666,759.4 million.
Shareholding Structure
The shareholding pattern of CFHL is as follows:
- Promoters: 46.45%
- Foreign Investors:17.07%
- Institutional Investors:22.94%
- Government Holding:0.46%
- Non-Promoter Corporate Holding:2.11%
- Public and Others:10.97%
Technical Analysis
From December to February, the price remained in a consolidation phase and formed a double bottom pattern. The breakout from this pattern occurred on **27/02/2025**. If the price closes and sustains above 1644 on the daily timeframe, we can anticipate a strong upward movement towards 1981.
- R1 (First Resistance):1744
- R2 (Second Resistance):1863
- R3 (Third Resistance):1981
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investors are advised to conduct their own research or consult with a financial advisor before making investment decisions.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.