Bajaj Holdings stock price down 1.56 per cent as Sensex climbs
As of 31-Mar-2024, promoters held 51.46 per cent stake in the company, while FIIs held 11.54 per cent and domestic institutional investors had 4.81 per cent.
Shares of & Investment Ltd. fell 1.56 per cent to Rs 9747.05 at 01:29PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session.As per data available on , total traded quantity on the counter stood at 1,304 shares with a turnover of Rs 1.27 crore till 01:29PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 14.92, while the price-to-book value ratio stood at 1.7.
Return on equity (ROE) was at 13.39 per cent, according to exchange data. The stock hit an intraday high of Rs 9874.45 and a low of Rs 9725.0 during the session and quoted a 52-week high price of Rs 9977.95 and a 52-week low of Rs 6634.6.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.71.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 7996.35 on July 09, while the 50-DMA was at Rs 8410.51. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 70.62. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2024, promoters held 51.46 per cent stake in the company, while FIIs held 11.53 per cent and domestic institutional investors had 6.07 per cent.
Source: Stocks-Markets-Economic Times
