The counter had a total traded volume of 02:07PM shares so far with a turnover of Rs 0.57 crore on BSE. The stock traded at a price-to-earnings multiple of 11.55 and a price-to-book ratio of 0.99.
A higher price-to-earnings 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.
Promoters held 49.95 per cent stake in the company as of 31-Mar-2021, while overseas investors and domestic institutional investors ownership stood at 15.85 per cent and 2.21 per cent, respectively.
The firm reported consolidated net sales of Rs 112.41 crore for the quarter ended 31-Mar-2021, down 1.1 per cent from the previous quarter’s Rs 113.66 crore and down 5.12 per cent from the year-ago quarter’s Rs 118.47 crore.
Its profit for the latest quarter stood at Rs 948.98 crore, up 162.58 per cent from the same quarter a year ago.
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