Share price of Bajaj Holdings jumps as Sensex gains 105.45 points

economictimes.indiatimes.com:

Bajaj Holdings & Investment Ltd. gained 0.93 per cent to Rs 8328.45 at 12:02PM (IST) in Friday's trade. The stock has hit a high of Rs 8409.9 and low of Rs 8269.0 so far during the session. The stock had closed at Rs 8251.6 in the previous session.
The counter has had a total traded volume of 297 shares so far with a value of Rs 0.25 crore on the NSE. It traded at a price-to-earnings multiple of 12.88 and a price-to-book ratio of 1.7.

A higher P/E 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 23.31 per cent during the past one year, while the 30-share index advanced 22.83 per cent during the same period.
Bajaj Holdings & Investment Ltd. belongs to the Holding — Diversified industry.
Promotor/FII Holding Promoters held 51.46 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 11.54 per cent and 4.81 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 1221.61 crore for the quarter ended 31-Mar-2024, up 821.97 per cent from the previous quarter's Rs 132.5 crore and up 1051.48 per cent from the year-ago quarter's Rs 106.09 crore.
Profit for the latest quarter stood at Rs 2716.12 crore, up 100.79 per cent from the same quarter a year ago.