Bajaj Holdings Share Price: Bajaj Holdings declines 0.19% as Sensex slides

Shares of & Investment Ltd. traded at Rs 5012.15 on BSE at 01:14PM (IST) on Wednesday, down 0.19 per cent from previous close.

The scrip quoted a 52-week low price of Rs 2396.0 and a high of Rs 5121.4.

Earlier, the stock saw a gap down opening in the morning.



A total of 777 lakh shares changed hands on the counter till 01:14PM (IST).

The stock of Bajaj Holdings & Investment Ltd. commanded a market value of Rs 55719.1 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 13.9, 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, 237 stocks traded in the green, while 263 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 50.07 per cent in Bajaj Holdings & Investment Ltd. as of 30-Sep-2021 while foreign and domestic institutional investors owned 13.31 per cent and 2.98 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 3872.23 on November 10, while the 50-DMA was at 4663.55. 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.

Source Link