Hot Pursuit     27-May-14
Bajaj Holdings & Investment corrects on profit booking
Bajaj Holdings & Investment fell 4.57% to Rs 1,190 at 10:54 IST on BSE on profit booking after the stock jumped 21.95% in the preceding seven trading sessions to Rs 1,247 on 26 May 2014, from a recent low of Rs 1,022.55 on 15 May 2014.

Meanwhile, the BSE Sensex was down 240.84 points, or 0.97%, to 24,476.04.

On BSE, so far 1,924 shares were traded in the counter, compared with an average volume of 8,716 shares in the past one quarter.

The stock hit a high of Rs 1,230 and a low of Rs 1,186.20 so far during the day. The stock hit a 52-week high of Rs 1,280 on 26 May 2014. The stock hit a 52-week low of Rs 743.75 on 8 July 2013.

The stock had outperformed the market over the past one month till 26 May 2014, rising 15.85% compared with 8.94% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 32.22% as against Sensex's 17.77% rise.

The large-cap company has an equity capital of Rs 111.29 crore. Face value per share is Rs 10.

On a consolidated basis, Bajaj Holdings & Investment's net profit fell 11.1% to Rs 590.66 crore on 15.5% rise in total income to Rs 95.34 crore in Q4 March 2014 over Q4 March 2013.

Bajaj Holdings & Investment is a holding and investment company, focusing on earning income through dividend, interest and gains on investment held. The company holds strategic stakes of 31.49% stake in Bajaj Auto, 39.16% in Bajaj Finserv and 24% in Maharashtra Scooters (as per the shareholding pattern as on 31 March 2014).

Previous News
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 ( Hot Pursuit - 23-Jun-20   13:00 )
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 ( Hot Pursuit - 03-Dec-20   13:00 )
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 ( Hot Pursuit - 29-Apr-20   13:05 )
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 ( Hot Pursuit - 18-Apr-23   14:30 )
  Bajaj Holdings & Investment to declare Quarterly Result
 ( Corporate News - 30-Sep-23   11:25 )
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 ( Corporate News - 26-Mar-21   13:21 )
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 ( Hot Pursuit - 13-Jan-21   13:00 )
  Bajaj Holdings & Investment consolidated net profit rises 19.40% in the December 2019 quarter
 ( Results - Announcements 30-Jan-20   17:22 )
  Volumes spurt at SIS Ltd counter
 ( Hot Pursuit - 24-Mar-22   14:30 )
  Bajaj Holdings & Investment Ltd up for a third straight session
 ( Hot Pursuit - 08-Jun-18   13:05 )
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 ( Hot Pursuit - 12-Jun-18   13:00 )
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