Bajaj Holdings & Investment gains on reporting 25% rise in Q1 consolidated net profit
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Bajaj Holdings & Investment is currently trading at Rs. 5200.35, up by 19.60 points or 0.38% from its previous closing of Rs. 5180.75 on the BSE.
The scrip opened at Rs. 5200.00 and has touched a high and low of Rs. 5466.45 and Rs. 5136.45 respectively. So far 5859 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6573.05 on 05-Apr-2022 and a 52 week low of Rs. 3845.90 on 29-Jul-2021.
Last one week high and low of the scrip stood at Rs. 5466.45 and Rs. 4810.00 respectively. The current market cap of the company is Rs. 57799.73 crore.
The promoters holding in the company stood at 51.20%, while Institutions and Non-Institutions held 17.08% and 31.72% respectively.
Bajaj Holdings & Investment has reported a fall of 11.56% in its net profit at Rs 43.21 crore for the quarter ended June 30, 2022 as compared to Rs 48.86 crore for the same quarter in the previous year. Total income of the company decreased by 6.73% at Rs 96.75 crore for Q1FY23 as compared Rs 103.73 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 24.50% in its net profit at Rs 969.33 crore for the quarter ended June 30, 2022 as compared to Rs 778.56 crore for the same quarter in the previous year. However, total income of the company decreased by 5.78% at Rs 104.24 crore for Q1FY23 as compared Rs 110.64 crore for the corresponding quarter previous year.
