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MarketScreener Homepage  >  Equities  >  MUMBAI STOCK EXCHANGE  >  Bajaj Holdings & Investment Limited    500490   INE118A01012

BAJAJ HOLDINGS & INVESTMENT LIMITED

(500490)
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End-of-day quote. End-of-day quote MUMBAI STOCK EXCHANGE - 04/03
1926.5 INR   +9.66%
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BAJAJ HLDO GDR'S' : Bajaj Holdings & Investment Results – Q1/2011-12

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07/14/2011 | 06:50am EDT

Bajaj Holdings & Investment Limited

PRESS RELEASEFINANCIAL RESULTS - Q1 FY12

A meeting of the Board of Directors of Bajaj Holdings & Investment Limited (BHIL) was held today to consider and approve the results for Q1 FY12.

1. CONSOLIDATED RESULTS

BHIL is essentially a holding & investment company. The consolidated financial results of BHIL include results of companies as tabulated below:

Name of the company

% shareholding and voting power of BHIL

Consolidated as

a. Bajaj Auto Limited (BAL)*

31.49%

Associate

b. Bajaj Finserv Limited (BFS)*

38.69%

Associate

c. Bajaj Auto Holdings Limited

100%

Subsidiary

d. Maharashtra Scooters Limited

24%

Joint venture

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*Consolidated results

Bajaj Finserv’s consolidated results include results of Bajaj Allianz General Insurance Company Limited, Bajaj Allianz Life Insurance Company Limited and Bajaj Finance Limited.

Each of the underlying group companies performed very well during current quarter.

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Number of Analysts 1
Average target price 4 654,00  INR
Last Close Price 1 981,20  INR
Spread / Highest target 135%
Spread / Average Target 135%
Spread / Lowest Target 135%
Managers
NameTitle
Sanjivnayan Bajaj Chief Executive Officer, Executive Director & MD
Nirajkumar R. Bajaj Non-Executive Chairman
Anant Marathe Chief Financial Officer
Rajivnayan R. Bajaj Non-Executive Director
Manish Kejriwal Non-Executive Director
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