Bajaj Auto trades higher on the bourses

Bajaj Auto trades higher on the bourses

Sep 18,2014   12:51 Hrs IST

Bajaj Auto is currently trading at Rs. 2345.00, up by 29.85 points or 1.29% from its previous closing of Rs. 2315.15 on the BSE. The scrip opened at Rs. 2315.50 and has touched a high and low of Rs. 2350.70 and Rs. 2306.70 respectively. So far 8336 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2380.00 on 08-Sep-2014 and a 52 week low of Rs. 1796.00 on 04-Feb-2014. Last one week high and low of the scrip stood at Rs. 2372.00 and Rs. 2295.00 respectively. The current market cap of the company is Rs. 67596.14 crore. The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 25.67% and 24.29% respectively. Pune-based automaker Bajaj Auto has announced a contribution of Rs 20 crore for the Prime Minister's National Relief Fund. The company has contributed this amount to provide relief efforts in the flood ravaged areas of Jammu & Kashmir (J&K). Jammu and Kashmir has seen unforeseen disaster and damage to property and infrastructure worth crores of rupees. The company would like to join the Government’s effort to help in relief operations in flood-ravaged Jammu & Kashmir and provide all support to the affected countrymen in the State. Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.