Cholamandalam Investment shares rise 9% after Q3 show, brokers optimistic despite asset quality concerns

Brokers broadly pointed to strong payout momentum and improvement in margins, while citing higher credit costs as one of the key factors to monitor. | Photo credit: iStockphoto Shares of Cholamandalam Investment and Finance Company rose 9 percent in early trade after the lender reported a steady set of numbers for the December quarter and […]