Share price of Bajaj Holdings falls as Nifty weakens

Shares of & Investment Ltd. slipped 0.14 per cent to Rs 3515.0 in Tuesday's trade as of 01:10PM (IST).

The stock hit a high price of Rs 3525.6 and low of Rs 3478.95 during the session.

The return on equity (ROE) for the stock stood at 10.77 per cent. Traded volume on the counter stood at 01:10PM shares and turnover at Rs 0.07 crore around that time.

The stock of Bajaj Holdings & Investment Ltd. quoted a 52-week high and 52-week low prices of Rs 3784.8 and Rs 1852.75, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.71.

Promotor/FII Holding
Promoters held 49.95 per cent stake in the company as of 31-Mar-2021, while FIIs held 15.85 per cent and domestic institutional investors had 2.21 per cent.

Key Financials
The company reported consolidated sales of Rs 112.41 crore for the quarter ended 31-Mar-2021, down 1.1 per cent from previous quarter's Rs 113.66 crore and down 5.12 per cent from the year-ago quarter's Rs 118.47 crore.

Net profit after tax for the latest quarter stood at Rs 948.98 crore, up 162.58 per cent from the same quarter a year ago.