Cholamandalam Inv & Fin stock (INE121A01024): NCD allotment and share price move keep NBFC in focus

Cholamandalam Inv & Fin shares in India traded slightly lower at around INR 1,480 on 06/02/2026, as the non-banking financial company drew attention with a fresh NCD allotment and ongoing price volatility on NSE and BSE.

Cholamandalam Inv & Fin shares traded moderately lower in India on 06/02/2026, with the stock quoted around INR 1,482.70 on the National Stock Exchange under ticker CHOLAFIN, reflecting a day-on-day decline of about 0.68% according to Upstox as of 06/02/2026.

The stock, which is also listed on BSE under code 511243, moved in an intraday range between roughly INR 1,452 and INR 1,488 on 06/02/2026, pointing to continued short-term volatility in the Indian non-banking financial company segment.

As of: 03.06.2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Cholamandalam Investment and Finance Company
• Sector/industry: Finance - Non-banking financial company (NBFC)
• Headquarters/country: Chennai, India
• Core markets: Retail and SME lending across India
• Key revenue drivers: Vehicle finance, loans against property, home loans and other retail credit products
• Home exchange/listing venue: NSE India (CHOLAFIN), BSE (511243)
• Trading currency: INR

Cholamandalam Inv & Fin: core business model

Cholamandalam Investment and Finance Company focuses on diversified retail lending in India, with a strong emphasis on vehicle finance, mortgages and allied credit solutions that generate interest income across economic cycles.

Recent corporate actions

On 05/27/2026, Cholamandalam Investment and Finance Company reported the allotment of 500,000 secured redeemable rated listed non-convertible debentures (NCDs), as disclosed under Regulation 30 of the Indian listing regulations, highlighting the issuer's continued use of debt capital markets to fund its lending book.

Cholamandalam Inv & Fin in peer comparison

Within the Indian NBFC universe, Cholamandalam Inv & Fin is often compared with names like Bajaj Finance and Mahindra & Mahindra Financial Services, which also operate large retail-focused loan portfolios and share exposure to vehicle and consumer finance trends in the country.

While Bajaj Finance is known for its broader consumer and SME lending platform and Mahindra & Mahindra Financial Services is heavily skewed toward rural and tractor financing, Cholamandalam Inv & Fin positions itself with a mix of vehicle finance, loans against property and home loans that aim to balance growth with asset quality across market cycles.

Conclusion

The latest trading session for Cholamandalam Inv & Fin on Indian exchanges underlines persistent price fluctuations in the NBFC space, set against a backdrop of fresh NCD allotments that support the company's funding base.

Against peers such as Bajaj Finance and Mahindra & Mahindra Financial Services, the group continues to occupy a core position in India's retail lending ecosystem, with investors monitoring how funding costs, asset quality and demand for vehicle and property-backed loans shape the earnings path.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.