Bajaj Auto gains on reporting 3-fold jump in Q1 consolidated net profit
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Bajaj Auto is currently trading at Rs. 3864.55, up by 11.95 points or 0.31% from its previous closing of Rs. 3852.60 on the BSE.
The scrip opened at Rs. 3899.00 and has touched a high and low of Rs. 3924.80 and Rs. 3826.45 respectively. So far 15235 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. 4012.80 and Rs. 3786.40 respectively. The current market cap of the company is Rs. 111581.37 crore.
The promoters holding in the company stood at 53.70%, while Institutions and Non-Institutions held 24.53% and 21.77% respectively.
Bajaj Auto has reported 2-fold jump in its net profit of Rs 1061.18 crore for the quarter ended June 30, 2021 as compared to net profit of Rs 528.04 crore for the same quarter in the previous year. Total income of the company reported 2-fold jump at Rs 7715.34 crore for Q1FY22 as compared Rs 3417.12 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 3-fold jump in its net profit attributable to owners of Rs 1170.17 crore for the quarter ended June 30, 2021 as against net profit of Rs 395.51 crore for the same quarter in the previous year. Total income of the company reported 2-fold jump at Rs 7715.34 crore for Q1FY22 as compared Rs 3417.12 crore for the corresponding quarter previous year.
