Bajaj Holdings Share Price: Bajaj Holdings shares down 0.95% as Nifty gains

NEW DELHI: Shares of & Investment Ltd. traded 0.95 per cent down in Wednesday’s trade at 12:49PM (IST). Around 585 shares changed hands on the counter.

The counter opened at Rs 5024.0 and touched an intraday high and low of Rs 5024.0 and Rs 4919.0, respectively, in the session so far. Shares of the company of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 5161.35 and a 52-week low of Rs 2657.7.

Total market cap of the Bajaj Holdings & Investment Ltd. stood at Rs 54923.35 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, domestic institutional investors held 2.98 per cent stake in the firm, while foreign institutional investors held 14.61 per cent and the promoters 50.07 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 13.7 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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