Bajaj Holdings share price: Bajaj Holdings share up 0.39% as Nifty gains


NEW DELHI: the shares of & Investment Ltd. traded up 0.39% on Tuesday’s 11:17 am (IST) trade. About 240 stocks changed hands at the box office.

The script opened at Rs 4,777.25 and hit an intraday high and low of Rs 4,805.75 and Rs 4,767.85, respectively, during the session so far. The shares of Bajaj Holdings & Investment Ltd. Quoted a 52-week high of Rs 5,121.4 and a 52-week low of Rs 2261.0.

The total market capitalization of Bajaj Holdings & Investment Ltd. stood at Rs 53,063.08 crore at the time of writing.

Key financial data

The company reported consolidated sales of Rs 160.39 crore for the quarter ended Sep 30, 2021, up 44.97% from Rs 110.64 crore in the previous quarter and 21.84% from Rs 131.64 crore from the quarter of the previous year.

Net profit for the last quarter stood at Rs 1,131.57 crore, up 29.75 percent from the same quarter a year ago.

Shareholding model

As of September 30, 2021, DIIs held 2.98% of the company’s capital, while foreign institutional investors held 14.61% and promoters 50.07%.

Valuation ratio

According to BSE data, the stock traded at a P / E multiple of 13.24 and a price to book ratio of 0.99. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.

Bajaj Holdings & Investment Ltd. belongs to the Holding – Diversified sector.

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