Bajaj Auto promoter acquires shares worth Rs 60 cr

Written By Unknown on Rabu, 25 Desember 2013 | 23.25

Bajaj Auto Employees Welfare Fund, a promoter entity of Bajaj Auto, today acquired over three lakh shares of the two wheeler major for nearly Rs 60 crore through open market trade.

As per the block deal information available with the BSE, Bajaj Auto Employees Welfare Fund bought 3,07,120 shares of Bajaj Auto from various entities including the company's promoters -- Bajaj Sevashram and Jamnalal Sons.

Shares of  Bajaj Auto were purchased at an average price of Rs 1,946 apiece valuing the transaction at Rs 59.76 crore.

At the end of July-September quarter, the Fundheld 18.29 lakh shares of Bajaj Auto amounting to 0.63 per cent stake.

Jamnalal Sons and Bajaj Sevashram held 8.97 per cent and 1.56 per cent respectively.

Bajaj Auto had reported a decline of 14.69 per cent in motorcycle sales at 2,78,703 units last month.

It had sold 3,26,727 units in November last year.

In the commercial vehicles category, the company said its sales stood at 31,888 units as against 45,566 units in November last year, a decline of 30 per cent.

Bajaj Auto scrip was up 1.91 per cent, settling at Rs 1,981.35, on the BSE.


Bajaj Auto stock price

On December 24, 2013, Bajaj Auto closed at Rs 1990.10, up Rs 45.85, or 2.36 percent. The 52-week high of the share was Rs 2228.95 and the 52-week low was Rs 1657.50.


The company's trailing 12-month (TTM) EPS was at Rs 109.18 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 18.23. The latest book value of the company is Rs 273.08 per share. At current value, the price-to-book value of the company is 7.29.


Anda sedang membaca artikel tentang

Bajaj Auto promoter acquires shares worth Rs 60 cr

Dengan url

http://gayafashionshow.blogspot.com/2013/12/bajaj-auto-promoter-acquires-shares_25.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Bajaj Auto promoter acquires shares worth Rs 60 cr

namun jangan lupa untuk meletakkan link

Bajaj Auto promoter acquires shares worth Rs 60 cr

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger