Bajaj Auto rose 0.76% to Rs 1904.40 at 12:21 IST on BSE after three block deals aggregating 2.10 lakh shares were executed in the counter on BSE.
A bulk deal of 55,181 shares was executed at Rs 1,902.15 per share at 9:47 IST. One more bulk deal of 55,182 shares was executed at Rs 1,895.80 per share at 9:47 IST. Another bulk deal of 1 lakh shares was executed at Rs 1,902.50 per share at 10:36 IST.
The three block deals constitute 0.07% of Bajaj Auto's equity.
Meanwhile, the S&P BSE Sensex was up 62.19 points or 0.3% at 20,755.43.
On BSE, so far 2.42 lakh shares were traded in the counter as against average daily volume of 44,845 shares in the past one quarter.
The stock hit a high of Rs 1,914 and a low of Rs 1,895.80 so far during the day. The stock had hit a 52-week high of Rs 2,216.20 on 8 January 2013. The stock had hit a 52-week low of Rs 1,657.50 on 4 April 2013.
Also Read
The stock had underperformed the market over the past one month till 7 January 2014, declining 3.1% compared with the Sensex's 1.44% fall. The scrip had also underperformed the market in past one quarter, declining 11.14% as against Sensex's 4.01% rise.
The large-cap company has equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto's net profit rose 13% to Rs 837.16 crore on 5.1% growth in net sales to Rs 5061.49 crore in Q2 September 2013 over Q2 September 2012.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
Powered by Capital Market - Live News