Bajaj Holdings shares drop 0.49% as Sensex falls
A total of 132 shares changed hands on the counter till 12:38PM (IST)
Shares of & Investment Ltd. traded 0.49 per cent down at Rs 8608.85 at 12:38PM (IST) on Monday, even as benchmark dropped 319.98 points to 73799.41. The scrip had closed at Rs 8651.75 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 9355.0 and Rs 5791.05, respectively.
As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 12:38PM shares with turnover at Rs 0.12 crore.
At the prevailing price, the stock trades at 16.23 times its trailing 12-month earnings per share of Rs 530.47 per share and 1.49 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.71.
Shareholding Details
Promoters held 51.46 per cent stake in the company as of 31-Dec-2023, while FIIs owned 11.57 per cent and DIIs 5.94 per cent.
Source: Stocks-Markets-Economic Times
