Bajaj Holdings stock price up 0.28 per cent as Sensex climbs
As of 31-Dec-2023, promoters held 51.46 per cent stake in the company, while FIIs held 11.57 per cent and domestic institutional investors had 4.65 per cent.
Shares of & Investment Ltd. rose 0.28 per cent to Rs 8435.7 at 12:53PM hours (IST) on Wednesday. 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 185 shares with a turnover of Rs 0.16 crore till 12:53PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 15.93, while the price-to-book value ratio stood at 1.49.
Return on equity (ROE) was at 10.97 per cent, according to exchange data. The stock hit an intraday high of Rs 8509.45 and a low of Rs 8300.1 during the session and quoted a 52-week high price of Rs 9355.0 and a 52-week low of Rs 5791.05.
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 7611.25 on March 27, while the 50-DMA was at Rs 8515.58. 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 48.39. 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-Dec-2023, promoters held 51.46 per cent stake in the company, while foreign institutional investors held 11.57 per cent and domestic institutional investors had 5.94 per cent.
Source: Stocks-Markets-Economic Times
