NSE Symbol: BAJAJ-AUTO | BSE Code: 532977
The Bajaj Group has a strong presence in various domains of business like the manufacture of three-wheelers, production of two-wheelers, iron and steel, home appliances, finance, insurance, etc. The flagship company of the Bajaj group is Bajaj Auto, ranked as the fourth largest two and three wheeler manufacturer across the world. This brand is trendy in countries like Africa, the Middle East, Latin America, South and South East Asia, etc.
Jamnalal Bajaj established the company is the year 1926. On 4 November 2014, the company celebrated its 125th birthday.
In the year 1926, the Jamnalal Bajaj established the Bajaj Group, at the time when the freedom struggle under the British rule was at its peak. He is the adopted son of Mahatma Gandhi. In the year 1942, the responsibility of the company was taken over by his son Kamalnayan Bajaj when he was only 27 years old. After the Independence of India in 1947, the Bajaj Group prospered and became highly successful.
Rahul Bajaj â€“ Rahul Bajaj is the head of Bajaj Group of Companies. He qualified his graduation in Economics and Law.Mr.Bajaj is also a Business Graduate alumnus from the Harvard Business School. He was the CEO of Bajaj Group in 1968. He became the head of Bajaj Group afterward.
Rajiv Bajaj â€“ Rajiv Bajaj is the MD of Bajaj Group of Companies. He got Mechanical Engineering degree from the Pune University in the year 1988. In 1990, he did his masters from Warwick University in Manufacturing Systems Engineering. At Bajaj, he worked in different sectors like Manufacturing and Supply, R&D, and Marketing and Sales. Since April 2005, Rajiv Bajaj has served the company as its Managing Director.
The market capitalization of Bajaj Auto, as of early 2018 is more than Rs.85,500 crore.
The operating revenue of Bajaj Auto stands at more than Rs.24,000 crore. The other income for Bajaj Auto went up to a Rs.1,140.27 crore. The total revenue went higher at Rs.25,000 crore. The expenses, on the other hand, went up to a Rs.19,631.84 crore. The operating profit stood at Rs.5,511.22 crore (TTM).
In FY 2016-2017 (till March 2017) the operating revenue stood at more than Rs.21,000 crore. The other income generated by Bajaj Auto was Rs.1223.47 crore. The total income went up to a Rs.22,990.15 crore. The total expenses for the company were more than Rs.17,000 crore.
From March 2017 to June 2017, the revenue earned by Bajaj Auto was more than Rs.5,500 crore. The other income during this time stood at a little over a Rs.323 crore. The total earning during this quarter was more than Rs.6,000 crore. The total expenses stood at Rs.4,916 crore.
From June 2017 to September 2017, the revenue earned by Bajaj Auto stood at Rs.6,566.43 crore. The other income was also higher than the last quarter, and it was recorded at Rs.297.18 crore. The total revenue of the company crossed Rs.6,800 crore. The total expenses met by Bajaj Auto during this quarter stood at Rs.5,268.96 crore.
From September 2017 to December 2017, the revenue earned by the organization was more than Rs.6,300 crore. The other income was lower than the last quarter and stood at Rs.225.8 crore. The total income of Bajaj Auto went up to over Rs.6,500 crore. The expenses were slightly inferior compared to the previous quarter. It stood at over Rs.5,100 crore during this time.
On 1 January 2018, the Open Price of Bajaj Auto stocks stood at Rs.3,326 at BSE and Rs.3,340 at NSE. The Close Price was Rs.3,293.40 and Rs.3289.25 at BSE and NSE, respectively. The High Price at NSE was Rs.3,345 and Rs.3,348 at BSE. The Low Price was recorded at Rs.3,293.40 and Rs.3,289.25, respectively, at both stock exchanges. By the end of the month, the Open Price went up slightly and stood at Rs.3,352 (BSE) and Rs.3,348 (NSE). The Close Price was recorded at Rs.3,338 at BSE and Rs.3,337.15 at NSE.
The Open Price on 1 February 2018 was Rs.3,325 at BSE and Rs.3,340 at NSE. The High Price was Rs.3,421 and Rs.3,418 at NSE and BSE, respectively. The Close Price stood at Rs.3,409.50 (BSE) and Rs.3,412.95 (NSE). The Low Price for Bajaj Stocks during this time stood at Rs.3,297.85 and Rs.3,290 at BSE and NSE, respectively. By the end of the month, the Open Price went down a little at both at BSE and NSE and stood at Rs.3,010. The Close Price was recorded at Rs.3018.80 and Rs.3,020.60 at BSE and NSE, respectively.
The Bajaj Group is the leading business houses in the country. It has a strong foothold in various domains like the manufacture of three-wheelers, production of two-wheelers, home appliances, iron and steel, finance, insurance, etc.
Determination, resourcefulness, dedication, and integrity defines the Bajaj Group in today's world. The main benefit of buying the Bajaj Auto stocks is the low burden of debt. A significant return on equity can be expected.
The EPS growth rate for Bajaj Auto stocks is average. However, you do substantial research before investing in any stock.
A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.
Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.
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