Bajaj Holdings shares gain 1.05% as Sensex rises

As per BSE data, total traded volume on the counter till 10:30AM (IST) stood at 10:30AM shares with turnover at Rs 0.32 crore.

At the current price, shares of the company trades at 15.36 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.