News for Bajaj Holdings & Investment Limited (BAJAJHLDNG.BO)

IRDAI approves transfer of equity shares for Bajaj Allianz Life and General Insurance to Bajaj Finserv Limited.

Large and midcap indices delivered similar 1-year returns, with Nifty Midcap 100 slightly outperforming Nifty 100. Smallcaps underperformed due to valuation concerns. FIIs favored largecaps amid expensive mid- and smallcap valuations, driving market preference toward stability.

Key results: ONGC, Interglobe Aviation, PFC, Mankind Pharma, NTPC Green, IndusInd Bank, Astral, NALCO, Ircon, Star Cement, Va Tech Wabag, Protean eGov, TeamLease, Geojit Fin, Stove Kraft, Ramco System

Recession fears in the US are impacting Indian IT stocks, which have significantly slumped from their peaks. This and more in todays ETtech Top 5.

The analysis revealed that nearly 96% (255) of low beta stocks have dropped by double digits from their 52-week peak, with 5% (13 stocks) falling over 50%.

Bajaj Finance leads in absolute market capitalization growth, adding Rs 1.02 lakh crore this year, while SBI Cards and Payment Services takes the top spot in percentage terms with a 30% rise. Bajaj Finances m-cap grew by 24%, while SBI Cards 30% increase added Rs 19,127 crore. Maruti Suzuki India and Bajaj Finserv outpaced SBI Card in absolute growth, with their market caps rising by Rs 60,346 crore (18%) and Rs 51,955 crore (21%), respectively, though they trailed in percentage gains.

A total of 3,120 shares changed hands on the counter till 10:00AM (IST).

A total of 391 shares changed hands on the counter till 11:44AM (IST)

The stock quoted a 52-week high of Rs 13221.50 and a 52-week low of Rs 7667.15.

A total of 372 shares changed hands on the counter till 10:20AM (IST).

The Relative Strength Index of the stock stood at 51.54 on Thursday.

A total of 1,027 shares changed hands on the counter till 11:43AM (IST)

The stock quoted a 52-week high of Rs 13221.50 and a 52-week low of Rs 7667.15.

The stock traded at a P/E multiple of 16.72, while the price-to-book value ratio stood at 1.70.

After beating its 2025 targets by a distance, Indian Hotels Company has unveiled its ‘Accelerate 2030’ strategy, and has set benchmarks for itself across topline, portfolio, and payout to shareholders.

The stock quoted a 52-week high price of Rs 11515.10 and low of Rs 7631.10.

The stock quoted a 52-week high price of Rs 11348.50 and low of Rs 7044.00.

Q2 results today: On October 23, 2024, 73 companies, including major names Bajaj Finserv, Hindustan Unilever, Godrej Properties, and AU Small Finance Bank, will release their Q2 FY2025 earnings reports.

Stocks including Bajaj Finance, Power Grid, Paytm, Firstsource Solutions, Indus Towers, RITES, ICICI Prudential, RailTel more will be the spotlight on Wednesday, October 23.