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Nov 16, 2010

Bajaj holdings & Investment Ltd - 500490

 

 

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

http://www.bajajauto.com/BHIL/Index.html

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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