Bajaj Holdings & Investment Ltd Q4FY18
Consolidated Results Q4FY18: (Rs. in cr)
|Net Profit (adjusted)||1,079.87||34.7|
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- The share of profit after tax of associates rose 38% yoy to Rs599cr. This was owing to strong numbers reported by Bajaj Auto and Bajaj Finserv in Q4FY18.
- PAT for BJAUT was up 35% yoy in Q4FY18 while the same for BFSL was up 36% yoy.
- The Board of directors recommended a dividend of Rs40 per share.
- The market value of BHIL’s investment portfolio increased 12% yoy to Rs66,406cr as on March 31, 2018.
Bajaj Holdings & Investment Ltd is currently trading at Rs. 2,762.05, up by 18.55 points or 0.68% from its previous closing of Rs. 2,743.50 on the BSE.
The scrip opened at Rs. 2,739 and has touched a high and low of Rs. 2,855 and Rs. 2,739 respectively. So far 64,290 (NSE+BSE) shares were traded on the counter. The stock is currently trading below its 200 DMA.