Getty ImagesThe stock opened at Rs 6898.05 and touched an intraday high and low of Rs 7123.9 and Rs 6826.4, respectively, in the session so far. The stock of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 7638.0 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 79067.36 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 119.29 crore for the quarter ended 30-Jun-2023, up 12.44 per cent from previous quarter's Rs 106.09 crore and up 14.44 per cent from the year-ago quarter's Rs 104.24 crore.
The net profit for latest quarter stood at Rs 1415.5 crore, up 46.03 per cent from the corresponding quarter last year.
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 price-to-earnings multiple of 14.93 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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