The company Sub-division of equity shares of the company of face value of Rs. 10 each, and/or issue of fully-paid bonus equity shares to the members of the company.
With reference to the earlier letter dated June 27, 2016, intimating the date of meeting of the Board of Directors to consider and take on record the unaudited financial results for the quarter ended June 30. 2016, Bajaj Finance Ltd has now informed BSE that at the said meeting, the Board may also consider:
a. Sub-division of equity shares of the Company of face value of Rs. 10 each, and/or
b. Issue of fully-paid bonus equity shares to the members of the Company.
The aforesaid proposal(s), if approved by the Board, will be subject to the approval of the shareholders.
As intimated vide letter dated June 27, 2016, trading window for dealing in securities of the Company in terms of the Code of Conduct under the SEBI (Prohibition of Insider Trading) Regulations, 2015, shall remain closed from July 01, 2016 to July 28, 2016 (both days inclusive) for directors, designated employees and connected persons of the Company. The period of closure of trading window will remain unchanged.
Stock view:
With reference to the earlier letter dated June 27, 2016, intimating the date of meeting of the Board of Directors to consider and take on record the unaudited financial results for the quarter ended June 30. 2016, Bajaj Finance Ltd has now informed BSE that at the said meeting, the Board may also consider:a. Sub-division of equity shares of the Company of face value of Rs. 10 each, and/or
b. Issue of fully-paid bonus equity shares to the members of the Company.
The aforesaid proposal(s), if approved by the Board, will be subject to the approval of the shareholders.
As intimated vide letter dated June 27, 2016, trading window for dealing in securities of the Company in terms of the Code of Conduct under the SEBI (Prohibition of Insider Trading) Regulations, 2015, shall remain closed from July 01, 2016 to July 28, 2016 (both days inclusive) for directors, designated employees and connected persons of the Company. The period of closure of trading window will remain unchanged.
Stock view:
Bajaj Finance Ltd is currently trading at Rs. 8644.8, up by Rs. 455.7 or 5.56% from its previous closing of Rs. 8189.1 on the BSE.
The scrip opened at Rs. 8200 and has touched a high and low of Rs. 8703 and Rs. 8200 respectively. So far 178832(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 44116.48 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 8270 on 04-Jul-2016 and a 52 week low of Rs. 4678 on 23-Sep-2015. Last one week high and low of the scrip stood at Rs. 8270 and Rs. 8078.4 respectively.
The promoters holding in the company stood at 57.35 % while Institutions and Non-Institutions held 24.46 % and 17.59 % respectively.
The stock is currently trading above its 50 DMA.
The scrip opened at Rs. 8200 and has touched a high and low of Rs. 8703 and Rs. 8200 respectively. So far 178832(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 44116.48 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 8270 on 04-Jul-2016 and a 52 week low of Rs. 4678 on 23-Sep-2015. Last one week high and low of the scrip stood at Rs. 8270 and Rs. 8078.4 respectively.
The promoters holding in the company stood at 57.35 % while Institutions and Non-Institutions held 24.46 % and 17.59 % respectively.
The stock is currently trading above its 50 DMA.
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