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BankingFinancial ServicesMedium impactPre-market

Cholamandalam Finance upgraded to Buy rating with new target price

pre-market1 source ↓written by the desknot a recommendation

is set
₹1,807
₹1,622
over the past
12% price decline

Cholamandalam Investment & Finance Company received a Buy rating upgrade following improved operational metrics and a valuation reset. The new target price is set at ₹1,807, up from ₹1,622, reflecting a compelling entry point after a 12% price decline over the past two months. This upgrade highlights the company's resilience in maintaining asset quality amid evolving market dynamics.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Feb 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CHOLAFIN closed +2.7% on the day of the news, from ₹1,694.40 to ₹1,739.50; Nifty +0.2% over the same session; futures OI −3.7%.

Bulletin at 07:03 IST on 4 Feb 2026. Every change is measured from ₹1,694.40, the last close before it, on 3 Feb. Nifty 50 is measured over the same sessions.

  • CHOLAFIN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
CHOLAFIN closes around the bulletin against the close before the news, with Nifty 50 rebased to it147416941915axis spans 30%before the news · 3 Feb1694Nifty 50CHOLAFINbulletinD0+1+3+529 Jan9 Feb18 FebFutures open interest, lotspeak 25,000Reference close ₹1,694.40. 16 sessions from 29 Jan to 18 Feb; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before3 Feb₹1,694.40basebase
On the day4 Feb₹1,739.50▲ +2.7%▲ +0.2%+2.5 pp difference
+1 session5 Feb₹1,722.30▲ +1.6%▼ −0.3%+2.0 pp difference
+3 sessions9 Feb₹1,770.20▲ +4.5%▲ +0.5%+3.9 pp difference
+5 sessions11 Feb₹1,723.00▲ +1.7%▲ +0.9%+0.8 pp difference
Gap at the open, % · ₹
0.0%0.00 on 4 Feb
Day's range, % · ₹
4.5%≈ 76 high to low
Volume on the day
1.38×the 20-session average
Futures OI on the day
▼ −3.7%−880 lots · short covering · price +2.7%
Futures OI open, lots
23,0004 Feb · 24 Feb expiry
Futures premium, ₹
+1.90+0.1% to spot
Puts per call, by OI
1.11from 1.09 the session before
Max pain
1,680from 1,660 the session before

Source NSE UDiFF bhavcopy · CHOLAFIN on the desk →

Thread · CHOLAFINAll CHOLAFIN bulletins →

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