bajaj holdings share price: Share price of Bajaj Holdings falls as Sensex gains 302.89 points

The share price of & Investment Ltd. dropped 0.07 per cent to Rs 3997.7 at 12:54PM (IST) in Tuesday’s trade. The scrip has hit a high of Rs 4012.0 and low of Rs 3982.55 so far during the session. The stock had closed at Rs 4000.6 in the previous session.

The counter has had a total traded volume of 352 shares so far with a value of Rs 0.14 crore on the NSE. It traded at a price-to-earnings multiple of 11.87 and a price-to-book ratio of 0.99.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 47.59 per cent during the past one year, while the 30-share index advanced 43.81 per cent during the same period.

Bajaj Holdings & Investment Ltd. belongs to the Holding – Diversified industry.


Promotor/FII Holding

Promoters held 49.95 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 13.68 per cent and 2.52 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 110.64 crore for the quarter ended 30-Jun-2021, down 1.57 per cent from the previous quarter’s Rs 112.41 crore and down 5.01 per cent from the year-ago quarter’s Rs 105.36 crore.

Profit for the latest quarter stood at Rs 778.56 crore, up 14.64 per cent from the same quarter a year ago.

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