Share price of Bajaj Holdings jumps as Sensex drops 677.88 points

Share price of & Investment Ltd. gained 0.03 per cent to Rs 4890.6 at 11:01AM (IST) in Monday's trade. The scrip hit a high of Rs 4928.35 and low of Rs 4875.0 so far during the session. The stock had closed at Rs 4888.95 in the previous session.

The counter had a total traded volume of 11:01AM shares so far with a turnover of Rs 0.14 crore on BSE. The stock traded at a price-to-earnings multiple of 13.59 and a price-to-book ratio of 0.99.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The 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.

Promotor/FII Holding
Promoters held 50.07 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 14.61 per cent and 3.34 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 160.39 crore for the quarter ended 30-Sep-2021, up 44.97 per cent from the previous quarter's Rs 110.64 crore and up 21.84 per cent from the year-ago quarter's Rs 131.64 crore.

Its profit for the latest quarter stood at Rs 1131.57 crore, up 29.75 per cent from the same quarter a year ago.