Bajaj Holdings shares fall 1.95 per cent in Monday's trading session

economictimes.indiatimes.com:

Bajaj Holdings & Investment Ltd. fell 1.95 per cent to Rs 8867.4 in Monday's trade as of 01:54PM (IST) even as the benchmark Nifty ruled at 22397.9, up 19.5 points.
The scrip had closed at Rs 9044.35 in the previous session. The stock quoted a 52-week low of Rs 5791.05 and a high of Rs 9355.0. The company quoted a market-cap of Rs 98784.12 crore on the BSE.

On BSE, 1,413 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 16.73 times its trailing 12-month EPS of Rs 530.47 per share and 1.49 times its book value. The return on equity (ROE) stood at Rs 10.97.
Key Financials For the quarter ended 31-Dec-2023, Bajaj Holdings & Investment Ltd. reported consolidated sales of Rs 132.5 crore, down 14.19 per cent from the same quarter a year ago. The company reported 27.91 per cent YoY growth in net profit at Rs 1644.43 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.