Bajaj Holdings shares rise 0.88 per cent in Tuesday's trading session
Bajaj Holdings & Investment Ltd. rose 0.88 per cent to Rs 7490.05 in Tuesday's trade as of 10:25AM (IST) even as the benchmark Nifty ruled at 19669.85, down 2.5 points. The scrip had closed at Rs 7424.9 in the previous session.
The stock quoted a 52-week low of Rs 4778.55 and a high of Rs 7638.0. The company quoted a market-cap of Rs 83559.17 crore on the BSE. On BSE, 152 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 17.23 times its trailing 12-month EPS of Rs 435.83 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-Mar-2023, Bajaj Holdings & Investment Ltd. reported consolidated sales of Rs 106.09 crore, down 0.7 per cent from the same quarter a year ago.
The company reported 22.38 per cent YoY growth in net profit at Rs 1352.75 crore for the latest quarter.Technical indicators The relative strength index (RSI) of the stock stood at Tuesday. 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.
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