Table of Contents
Bajaj Holdings and Investment Ltd share – About
Bajaj Holdings & Investment Ltd. is indeed an investment company registered as a Non-Banking Financial Institution – Investment and Credit Company with the Reserve Bank of India. This company is part of the Bajaj Group, a prominent conglomerate in India with interests in various sectors including finance and automotive.
One of the key aspects of Bajaj Holdings & Investment Ltd.’s business is its significant stakes in other companies within the Bajaj Group. As you mentioned, it holds more than 30% stakes in both Bajaj Auto Ltd. and Bajaj Finserv Ltd.
Here’s a bit more information about these two companies:
- Bajaj Auto Ltd: Bajaj Auto is one of the leading manufacturers of two-wheelers and three-wheelers in India. They are known for producing motorcycles, scooters, and auto-rickshaws. Bajaj Holdings & Investment Ltd.’s substantial stake in Bajaj Auto Ltd. indicates its involvement in the automotive sector.
- Bajaj Finserv Ltd: Bajaj Finserv is a financial services company that provides a range of services including insurance, consumer finance, and wealth management. It is one of the major players in the Indian financial services industry. Bajaj Holdings & Investment Ltd.’s significant stake in Bajaj Finserv Ltd. signifies its interest in the financial sector.
By holding substantial stakes in these companies, Bajaj Holdings & Investment Ltd. is not only involved in the businesses of Bajaj Auto and Bajaj Finserv but also potentially benefits from their financial performance and dividends. This strategy allows the company to diversify its investment portfolio and leverage its holdings in these successful companies within the Bajaj Group.
Click on the picture below to Open Demat account with Zerodha
Bajaj Holdings and Investment Ltd share – Stock highlights
- Bajaj Holdings & Investment Ltd. has maintained a stable share capital while steadily increasing its reserves, reflecting financial strength.
- The company’s borrowings are relatively low, indicating a conservative approach to debt.
- The significant growth in other liabilities suggests an increase in short-term obligations and business activities.
- The company’s core business seems to be centered around investments, as indicated by the substantial growth in the investments category.
- Overall, the balance sheet shows a well-capitalized company with a focus on investments and a growing asset base, which are driven by its investments in other companies within the Bajaj Group or external investments.
Bajaj Holdings and Investment Ltd share – Bonus announcement
Bajaj Holdings & Investment Ltd. declared an interim dividend with an ex-date of September 29, 2023. The dividend amount per share is Rs 110.00.
An “interim dividend” is a dividend payment made by a company before its annual financial statements are finalized. It is typically paid during the fiscal year, usually between regular annual dividend payments. Shareholders who own the company’s shares on or before the ex-date are eligible to receive this dividend.
In this case, if you are a shareholder of Bajaj Holdings & Investment Ltd. and you held shares on or before September 29, 2023 (the ex-date), you would be entitled to receive a dividend of Rs 110.00 per share.
Bajaj Holdings and Investment Ltd share – Financial parameters
The company’s market capitalization is about ₹81,598 Crores. The current stock price stands at ₹7,332, with a high/low range of ₹7640 to ₹5557. The stock’s P/E ratio is at 15.4, while the book value is ₹3970, and the dividend yield is 1.68%. The company exhibits a good financial performance with an ROCE of 9.71% and an ROE of 11.2%. With a face value of ₹10.00 and a debt-to-equity ratio of Zero, it maintains a healthy financial structure. Additionally, there is no pledged percentage of shares, highlighting a low level of risk.
Bajaj Holdings and Investment Ltd share – Technical parameters
- The stock has a very bullish trend according to technical analysis.
- Promoters hold 51.46% of the shares.
- Mutual Funds have increased their holdings.
- FII/FPI (Foreign Institutional Investors/Foreign Portfolio Investors) have increased their holdings.
Pivot Levels:
| Type | R1 | R2 | R3 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 7,397.35 | 7,462.65 | 7,506.30 | 7,353.70 | 7,288.40 | 7,244.75 | 7,179.45 |
| Fibonacci | 7,395.32 | 7,421.03 | 7,462.65 | 7,353.70 | 7,312.08 | 7,286.37 | 7,244.75 |
| Camarilla | 7,342.04 | 7,352.02 | 7,362.01 | 7,353.70 | 7,322.06 | 7,312.08 | 7,302.09 |
The terms “R1,” “R2,” “R3,” “PP,” “S1,” “S2,” and “S3” in a pivot table represent different levels of support and resistance levels used in technical analysis
Also read: Have a look at the following story:
Disclaimer:
This is not a stock recommendations. All efforts have been made to correctly represent facts and figures in the post. The website or its management is not responsible for any kind of losses arising out of Investing in equities. Investors must therefore exercise due caution while investing or trading in stocks. NSE Options.in or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing
