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Name of Company | Bajaj holdings & Investment Ltd |
BSE Code | 500490 |
NSE Code | BAJAJHLDNG |
ICICI Code | |
Established | |
My Take | Like |
Headquarters | |
Promoters | Bajaj |
Story | |
Sector | NBFC |
Sub-sector | Holding company |
Website | |
Positives | Almost no expenditure, no interest cost. Regular dividend can expect around 2% dividend. 35% promoter shareholding(0.5% pledged). LIC, ICICI pru Life hold significant investment. |
Negatives | Profits and NPMs may fall when markets go down. Heavily dependent on Bajaj Auto and Bajaj Finserv. |
Peers | |
News | |
Price @ blogged | 869 (16-Nov-10) |
Cost of company | 9200 Cr market cap for a 766 Cr FY10 NP – i.e. 12 times for a zero debt company with 80-90% NPM and 3700 Cr reserves. |
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Nov 16, 2010
Bajaj holdings & Investment Ltd - 500490
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