InvestorQ : what is your openion on buying cholamandlam investment and finance Ltd for long term , as shares have dropped 50%. I am interested in holding stocks for 5 years
jinny chaddha made post

what is your openion on buying cholamandlam investment and finance Ltd for long term , as shares have dropped 50%. I am interested in holding stocks for 5 years

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vidhya Laxmi answered.
1 year ago
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CIFCO has a strong southern franchise with a strong exposure to the agri sector and the heavy vehicles financing. The stock is down but any improvement in performance will only be possible if there is a turnaround in the growth story. Till then CIFCO will continue to be under strain but in the event of a bounce in growth, this could be the first financial to actually benefit.

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