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Bajaj Corp gains on plan to raise up to Rs 1,000 crore in one or more tranches

Bajaj Consumer Care Ltd. | Household & Personal Products | FMCG | BSE: 533229 | NSE: BAJAJCON

21 Jun 2017 Evaluate

Bajaj Corp is currently trading at Rs. 373.60, up by 1.20 points or 0.32% from its previous closing of Rs. 372.40 on the BSE.

The scrip opened at Rs. 373.55 and has touched a high and low of Rs. 374.85 and Rs. 372.90 respectively. So far 600 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 436.00 on 10-Oct-2016 and a 52 week low of Rs. 340.00 on 12-Dec-2016.

Last one week high and low of the scrip stood at Rs. 391.85 and Rs. 370.65 respectively. The current market cap of the company is Rs. 5509.13 crore.

The promoters holding in the company stood at 66.86%, while institutions and non-institutions held 28.30% and 4.84% respectively.

Bajaj Corp is planning to raise up to an amount not exceeding Rs 1,000 crore in one or more tranches by issuing equity shares and securities. The funds will be raised to meet the funding requirements and business objectives of the company. The company will seek shareholders’ approval for the fund raising proposal at its annual general meeting to be held on July 18.

The company will raise funds by issue of equity shares and/or any other financial instruments, convertible into Equity Shares through QIP under SEBI ICDR Regulations and/or through issuance of securities in the international markets by way of GDRs/ADRs/FCCBs etc.

Bajaj Corp is one of India’s leading producers of hair oils. The company is a part of the Shishir Bajaj Group companies (the Bajaj Group). The company markets its hair oil under the brand names Brahmi Amla, Amla Shikakai and Jasmine hair oil.

Bajaj Corp Share Price

470.45 42.00 (9.80%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Hindustan Unilever	2241.10
Godrej Consumer Prod	1108.20
Dabur India	442.10
Colgate Palmol. (I)	2106.20
P&G Hygiene	10006.55
View more..

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Bajaj Corp gains on plan to raise up to Rs 1,000 crore in one or more tranches

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