Meanwhile, the BSE Sensex was down 116.56 points, or 0.36%, to 32,492.87.

On the BSE, 778 shares were traded in the counter so far, compared with average daily volume of 11,215 shares in the past one quarter. The stock had hit a high of Rs 2,938.05 and a low of Rs 2,888.30 so far during the day. The stock had hit a 52-week high of Rs 3,003.40 on 30 August 2017. The stock had hit a 52-week low of Rs 1,745 on 28 December 2016.

The stock had outperformed the market over the past one month till 17 October 2017, gaining 5.23% compared with 1.04% gains in the Sensex. The scrip had also outperformed the market in past one quarter, rising 29.87% as against Sensex's 1.67% rise. The scrip had also outperformed the market in past one year, gaining 37.27% as against Sensex's 18.45% rise.

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

On standalone basis, Bajaj Holdings & Investment's net profit jumped 268.96% to Rs 732.16 crore on 148.83% increase in total income to Rs 782.80 crore in Q2 September 2017 over Q2 September 2016.

Bajaj Holdings & Investment (BHIL) is essentially a holding company and investment company focusing on earning income through dividends, interest and gains on investments held. As a holding company, BHIL holds strategic stake of 31.54% in Bajaj Auto, 39.29% stake in Bajaj Finserv and 24% stake in Maharashtra Scooters.