Shares of Bajaj Holdings & Investment Ltd were up 1% at Rs 6,724.75 at 1:39 pm on Monday. The stock opened with a gap earlier in the day.

According to BSE data, 5,607 shares were traded over the counter at Rs 3.74 crore as of 1:39 pm. The stock has a price-to-earnings (P/E) ratio of 17.61 and a price-to-book ratio of 1.3.

According to exchange data, the return on equity (ROE) was 9.46%. The stock hit an intraday high of Rs 6,778.45 and a low of Rs 6,558 and set a 52-week high of Rs 6,827.85 and a 52-week low of Rs 4,253.75. The stock’s beta value, which measures its volatility relative to the broader market, is 0.71.

On September 12, the stock had a 200-day SMA (daily moving average) of Rs 5,176.35 and a 50-day SMA of Rs 5,240.2. If a stock trades above the 50-day and 200-day moving averages, it usually means the current trend is up. On the other hand, if the stock is trading below the 50-day SMA and the 200-day SMA, it is considered a bearish trend. If it trades between the 50-DMA and 200-DMA, it shows that the stock can go either way.

The Relative Strength Index (RSI) was 85.67. RSI fluctuates between 0 and 100. Traditionally, stocks are considered overbought when the RSI value is above 70 and oversold when the RSI value is below 30.

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As of June 30, 2022, the promoters held 51.2% of the shares, foreign institutional investors held 13.21%, and domestic institutional investors held 3.87%.