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.