Bajaj Holdings shares gain 0.23% as Sensex rises
Bajaj Holdings & Investment Ltd. traded 0.23 per cent higher in Thursday's session at 12:23PM (IST).
The stock opened at Rs 7202.95 and has touched an intraday high and low of Rs 7202.95 and Rs 7104.7, respectively, during the session so far.
The stock quoted a 52-week high of Rs 7638.0 and a 52-week low of 5557.05. About 207 shares changed hands on the counter so far.
Benchmark Nifty50 was up 9.6 points at 20079.6, while the BSE Sensex traded 10.45 points higher at 67477.44 at the time of writing of this report.
In the Nifty pack, 27 stocks traded the day in the green, while 22 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 119.29 crore, up 12.44 per cent from the previous quarter's Rs 106.09 crore and up 14.44 per cent from the year-ago quarter.
The company reported net profit of Rs 1415.5 crore for the latest quarter.
Promoter Holdings Promoters held 51.46 per cent stake in the company as of 30-Jun-2023, while FIIs held 12.39 per cent and MFs 3.76 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 6557.93 on September 14, while the 50-DMA was at Rs 7311.08. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
