CHOLAFIN — Growth on the Move, Credit with Discipline.

Technical View

CHOLAFIN’s daily chart shows a base-building phase after a sharp correction, and price is now trying to stabilize around the 1,550 zone. The stock is still below the higher moving averages, so the trend is not fully strong yet, but the recent candles show support coming in near the lower band and a short-term recovery attempt. RSI is around the neutral-to-slightly-positive zone, while MACD is improving from the weak side, which suggests that momentum is better than before but not yet a full breakout setup. Immediate support is near 1,530–1,510, and resistance is around 1,575–1,600; if the stock closes above this band, the next upside may open toward 1,630–1,660. Business Model and Growth CHOLAFIN’s primary earnings come from lending activity, especially vehicle finance, home finance, SME lending, and secured lending products. The company’s future plan appears focused on growing AUM by around 20–22% and expanding beyond just vehicle finance into more diversified loan segments. This matters because a diversified loan book usually gives better stability than depending only on one product line. The company is also being cautious in unsecured lending, which shows a disciplined expansion approach rather than aggressive risk-taking. Result Outlook For the 30 April 2026 result, expectations are for solid operating performance, good loan growth, and stable asset quality. The market will mainly watch AUM growth, disbursements, margin trend, credit cost, and management commentary for FY27. If the company delivers stronger-than-expected profit and confirms healthy growth, the stock can resume its rebound. If numbers are only in line, the stock may consolidate near current levels, and if the tone is cautious, some pressure may come in.