Bajaj Holdings Share Price: Bajaj Holdings shares up 0.69% as Nifty gains

NEW DELHI: Shares of & Investment Ltd. traded 0.69 per cent up in Friday’s trade at 01:17PM (IST). Around 225 shares changed hands on the counter.

The scrip opened at Rs 4167.45 and touched an intraday high and low of Rs 4186.3 and Rs 4132.4, respectively, in the session so far. Shares of the company of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 4261.4 and a 52-week low of Rs 2219.0.

Total market cap of the Bajaj Holdings & Investment Ltd. stood at Rs 46089.42 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 same quarter a year ago.

Shareholding pattern

As of 30-Jun-2021, domestic institutional investors held 2.52 per cent stake in the firm, while foreign institutional investors held 15.13 per cent and the promoters 49.95 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 12.29 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.

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