NEW DELHI: Shares of Bajaj Holdings & Investment Ltd. traded 0.57 per cent up in Monday’s trade at 10:10AM (IST). Around 2,101 shares changed hands on the counter.
The scrip opened at Rs 4930.0 and touched an intraday high and low of Rs 5002.35 and Rs 4735.8, respectively, in the session so far. Shares of the company of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 5654.0 and a 52-week low of Rs 3145.0.
As per BSE, the total market cap of the Bajaj Holdings & Investment Ltd. stood at Rs 55385.77 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 110.13 crore for the quarter ended 31-Dec-2021, down 31.34 per cent from previous quarter’s Rs 160.39 crore and down 3.11 per cent from the year-ago quarter’s Rs 113.66 crore.
The net profit for latest quarter stood at Rs 1040.16 crore, down 9.52 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2021, DIIs held 3.13 per cent stake in the firm, while foreign institutional investors held 13.02 per cent and the promoters 50.48 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 14.2 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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