The stock opened at Rs 7850.05 and touched an intraday high and low of Rs 7888.3 and Rs 7641.0, respectively, in the session so far. The stock of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 7971.45 and a 52-week low of Rs 5557.05.
As per BSE, the total market cap of the Bajaj Holdings & Investment Ltd. stood at Rs 85564.12 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 240.06 crore for the quarter ended 30-Sep-2023, up 101.24 per cent from previous quarter’s Rs 119.29 crore and up 19.44 per cent from the year-ago quarter’s Rs 200.99 crore.
The net profit for latest quarter stood at Rs 1491.16 crore, up 19.98 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2023, domestic institutional investors held 4.55 per cent stake in the company, while foreign institutional investors held 11.65 per cent and the promoters 51.46 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 15.43 and a price-to-book ratio of 1.49. 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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