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Bajaj Corp gains despite reporting fall in Q3 net profit

11 Jan 2018 Evaluate

Bajaj Corp is currently trading at Rs. 509.00, up by 13.30 points or 2.68% from its previous closing of Rs. 495.70 on the BSE.

The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 525.00 and Rs. 493.85 respectively. So far 158671 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 525.00 on 11-Jan-2018 and a 52 week low of Rs. 342.50 on 30-May-2017.

Last one week high and low of the scrip stood at Rs. 525.00 and Rs. 488.60 respectively. The current market cap of the company is Rs. 7552.00 crore.

The promoters holding in the company stood at 66.86%, while Institutions and Non-Institutions held 29.39% and 3.75% respectively.

The company has reported marginal fall of 4.57% in its net profit at Rs 55.16 crore for third quarter ended December 31, 2017, as compared to Rs 57.80 crore for the same quarter in the previous year. However, total income of the company increased by 5.92% at Rs 212.53 crore for Q3FY18 as compared Rs 200.66 crore for the corresponding quarter previous year.

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
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