The counter opened at Rs 4940.0 and touched an intraday high and low of Rs 4957.3 and Rs 4871.1, respectively, in the session so far. The stock of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 5161.35 and a 52-week low of Rs 2656.0.
As per BSE, the total market cap of the Bajaj Holdings & Investment Ltd. stood at Rs 54397.49 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 160.39 crore for the quarter ended 30-Sep-2021, up 44.97 per cent from previous quarter’s Rs 110.64 crore and up 21.84 per cent from the year-ago quarter’s Rs 131.64 crore.
The net profit for latest quarter stood at Rs 1131.57 crore, up 29.75 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, DIIs held 2.98 per cent stake in the firm, while foreign institutional investors held 13.31 per cent and the promoters 50.07 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 13.57 and a price-to-book ratio of 0.99. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Bajaj Holdings & Investment Ltd. belongs to the Holding – Diversified industry.
