CHOLAFIN.NSE Cholamandalam Investment and Finance Company Ltd.

Tata Power, after recent consolidation, has surpassed its previous record high and clocked 7.7 percent gains to end at new closing high of Rs 425 with robust volumes. The stock traded above all key moving averages, which is a positive sign.

Emkay Global Financial recommended reduce rating on Cholamandalam Investment with a target price of Rs 1250 in its research report dated January 30, 2024.

Sharekhan is bullish on Cholamandalam Investment and Finance Company has recommended buy rating on the stock with a target price of Rs 1425 in its research report dated January 29, 2024.

If any of the unsecured lending begins to unravel, fintechs and the lower-rated NBFCs will see the maximum impact, says Ganapathy