The stock quoted a 52-week low price of Rs 2219.0 and a high of Rs 4060.0.
Earlier, the stock saw a gap up opening in the morning.
A total of 324 lakh shares changed hands on the counter till 11:17AM (IST).
The stock of Bajaj Holdings & Investment Ltd. commanded a market value of Rs 42942.6 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 11.45, while the price-to-book value ratio stood at 0.99. Return on equity (ROE) was at 9.82 per cent, according to exchange data.
In the BSE500 pack, 336 stocks traded in the green, while 164 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.71.
Promotor/FII Holding
Promoters held 49.95 per cent in Bajaj Holdings & Investment Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 13.68 per cent and 2.52 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 3262.85 on July 26, while the 50-DMA was at 3645.94. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
