Bajaj Corp is currently trading at Rs. 430.30, up by 20.40 points or 4.98% from its previous closing of Rs. 409.90 on the BSE.
The scrip opened at Rs. 414.70 and has touched a high and low of Rs. 432.00 and Rs. 412.00 respectively. So far 9736 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 450.00 on 21-Jul-2017 and a 52 week low of Rs. 340.00 on 12-Dec-2016.
Last one week high and low of the scrip stood at Rs. 432.00 and Rs. 400.00 respectively. The current market cap of the company is Rs. 6205.33 crore.
The promoters holding in the company stood at 66.86%, while institutions and non-institutions held 29.11% and 4.02% respectively.
Bajaj Corp is looking at acquisition opportunities in the FMCG and hair oil market targeting niche brands. The company is also aiming to capture a market share of 65 percent in light hair oil segment by 2018-19. It also plans to leverage its distribution strength to introduce new products.
Bajaj Corp is one of India’s leading producers of hair oils. The company is a part of the Shishir Bajaj Group companies (the Bajaj Group). The company markets its hair oil under the brand names Brahmi Amla, Amla Shikakai and Jasmine hair oil.
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