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Bajaj Auto is currently trading at Rs. 3785.05, up by 7.60 points or 0.20% from its previous closing of Rs. 3777.45 on the BSE.

The scrip opened at Rs. 3854.00 and has touched a high and low of Rs. 3855.05 and Rs. 3777.00 respectively. So far 13844 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4361.20 on 04-Feb-2021 and a 52 week low of Rs. 2823.35 on 02-Nov-2020.

Last one week high and low of the scrip stood at Rs. 3909.15 and Rs. 3737.15 respectively. The current market cap of the company is Rs. 109769.93 crore.

The promoters holding in the company stood at 53.70%, while Institutions and Non-Institutions held 24.06% and 22.24% respectively.

Bajaj Auto has received approval from board of directors for incorporation of a captive finance subsidiary (NBFC) of the company to undertake the business of solely financing the customers of the products manufactured/marketed by the company and its subsidiaries/associates. The new company is expected to strengthen the financing options for its customers, as financing is key to an automobile business.

The proposed captive wholly owned subsidiary company to be incorporated in India shall carry out business of financing in the field of Automobile and in particular solely for the 2 wheeler, 3 wheeler and light 4 wheeler categories manufactured and/or marketed by Bajaj Auto and/or its subsidiaries/associates.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.