Bajaj Holdings Share Price: Share price of Bajaj Holdings falls as Sensex drops 231.25 points
Share price of Bajaj Holdings & Investment Ltd. dropped 1.04 per cent to Rs 10604.55 at 01:22PM (IST) in Wednesday’s trade. The stock hit a high of Rs 10725.2 and low of Rs 10578.0 so far during the session. The stock had closed at Rs 10716.9 in the previous session.
The counter had a total traded volume of 01:22PM shares so far with a turnover of Rs 0.64 crore on BSE. The stock traded at a price-to-earnings multiple of 15.81 and a price-to-book ratio of 1.7.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that…
