The counter opened at Rs 3966.05 and touched an intraday high and low of Rs 3966.2 and Rs 3899.0, respectively, in the session so far. The stock of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 4076.85 and a 52-week low of Rs 2219.0.
As per BSE, the total market cap of the Bajaj Holdings & Investment Ltd. stood at Rs 43715.53 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 110.64 crore for the quarter ended 30-Jun-2021, down 1.57 per cent from previous quarter’s Rs 112.41 crore and down 5.01 per cent from the year-ago quarter’s Rs 105.36 crore.
The net profit for latest quarter stood at Rs 778.56 crore, up 14.64 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, DIIs held 2.52 per cent stake in the firm, while foreign institutional investors held 13.68 per cent and the promoters 49.95 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 11.66 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.
