Bajaj Holdings shares gain 0.84% as Sensex rises
A total of 744 shares changed hands on the counter till 11:26AM (IST)
Shares of & Investment Ltd. traded 0.84 per cent up at Rs 8360.0 at 11:26AM (IST) on Monday, even as benchmark gained 410.14 points to 74061.49. The stock had settled at Rs 8289.85 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 11:26AM (IST) stood at 11:26AM shares with turnover at Rs 0.63 crore.
At the current price, the stock trades at 15.76 times its trailing 12-month EPS of Rs 530.47 per share and 1.49 times its price-to-book value, the exchange 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
