Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 114198.69 Crore) operating in Auto sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 8879.70 Crore, down -4.30 % from last quarter Total Income of Rs 9279.06 Crore and up 22.59 % from last year same quarter Total Income of Rs 7243.31 Crore. Company reported net profit after tax of Rs 1329.78 Crore in latest quarter.
Investment Rationale
Overall exports are set to grow further from current levels in the coming months. Company witnessed improved demand not only for its premium range of motorcycles, but also for EV scooters.
Promoter/FII Holdings
Promoters held 53.7 per cent stake in the company as of Dec 30, 2020, while FIIs held 13.1 per cent, DIIs 9.1 per cent and public and others 24.1 per cent.
