Bajaj Holdings rises 0.33% as Sensex climbs

economictimes.indiatimes.com:

Bajaj Holdings & Investment Ltd. traded at Rs 8159.95 on BSE at 01:55PM (IST) on Thursday, up 0.33 per cent from previous close.
The scrip quoted a 52-week low price of Rs 5791.05 and a high of Rs 9355.0.

Earlier, the stock saw a gap up opening in the morning.
A total of 362 lakh shares changed hands on the counter till 01:55PM (IST).
The stock of Bajaj Holdings & Investment Ltd. commanded a market value of Rs 90774.33 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 15.38, while the price-to-book value ratio stood at 1.49. Return on equity (ROE) was at 10.97 per cent, according to exchange data.
In the BSE500 pack, 437 stocks traded in the green, while 63 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.71.
Promotor/FII Holding Promoters held 51.46 per cent in Bajaj Holdings & Investment Ltd. as of 31-Dec-2023 while foreign and domestic institutional investors owned 11.57 per cent and 4.65 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 7588.88 on March 21, while the 50-DMA was at 8495.31. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.