In the long run, Bajaj Groups companies in the stock market have provided impressive returns to their investors. Some have generated wealth both in the short and long term. Recently, amidst a strong boom in the stock markets, fundamentally sound companies have been delivering substantial profits to investors. These firms are poised for continued growth due to their solid fundamentals and high market demand.
One notable company from India’s oldest industrial conglomerate, Bajaj Group, has been making waves by enriching its investors. Over the years, this company has yielded manifold returns. In just the last four years, its share price surged from ₹2,000 to ₹11,000, demonstrating remarkable growth. As the company continues to thrive, investors can anticipate significant profits in the future.
Bajaj Holding: A Multibillion-Dollar Group’s Shares on the Rise
Despite recent fluctuations in the stock market, Bajaj Holding Company’s shares have reached record highs, demonstrating a consistent upward trajectory. In the past month alone, the company’s stock has surged by over 20%, reflecting strong momentum. This impressive rise is largely attributed to significant growth in the company’s profits.
Adding to this momentum, another major player in the Bajaj Group, Bajaj Housing Finance, has recently been listed on the stock markets. As a subsidiary of Bajaj Holding, its debut has further fueled the upward trend in the company’s shares.
Company Profit Growth
Examining the profit growth of this prominent Bajaj Group entity reveals remarkable progress. Over the past year, the company experienced its most substantial profit increase to date. In the financial year 2023, the net profit stood at ₹280 crore, which soared to ₹1,409 crore in the financial year 2024. Alongside this profit surge, the company’s revenue has also seen significant growth, bolstering the strength of its shares. This trajectory suggests that investors can look forward to even more substantial returns in the near future.
Company Information
Bajaj Holdings Limited is a prominent entity within the Bajaj Group, one of India’s largest industrial conglomerates. This company operates in the non-banking finance sector and plays a key role in the equity market. Additionally, it serves as the equity holding company for all Bajaj Group companies. Currently, Bajaj Holdings boasts a market capitalization of approximately ₹1,22,000 crore.
Company Profit Growth and Shareholding
Returns | Shareholding | Net Profit/Year (₹ crore) |
1 Month Returns | Promoter: 51.45% | 2021: 208 |
1 Year Returns | Public: 30.92% | 2022: 231 |
3 Year Returns | DII: 6.42% | 2023: 279 |
5 Year Returns | FII: 11.21% | 2024: 1409 |
Mutual Funds Increasing Their Investments
As the company continues to demonstrate fundamental strength year after year, mutual funds are consistently ramping up their investments. Over the past year, mutual funds have increased their stake in the company by more than 1%. In the financial year 2023, mutual funds held 5.04% of the company’s shares, which has now risen to approximately 6.40%.
This growing investment from mutual funds indicates strong confidence in the company’s potential for significant profits in the future. With such continued support, the company is well-positioned for substantial growth ahead.
Stock Performance: From ₹2,000 to ₹6,000 in Just Four Years
The Bajaj Group’s giant company has experienced remarkable growth, with its stock witnessing an increase of over 500% in the last four years. In 2020, the stock traded at just ₹2,000, but it has now surged to around ₹11,000.
Looking at the long-term perspective, the company has achieved an astounding growth rate of over 7,000% in the past 25 years. Back in 2001, the stock was priced at only ₹100, and it has now climbed to approximately ₹11,000. This impressive trajectory highlights the company’s sustained performance and potential for future gains.
Stock Overview
- Market Cap: ₹1,15,834 Cr
- Current Price: ₹10,408
- 52-Week High / Low: ₹11,185 / ₹6,628
- Stock P/E: 15.5
- Book Value: ₹4,874
- Dividend Yield: 1.25%
- ROCE: 13.1%
- ROE: 14.8%
- Face Value: ₹10.0
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