BAJAJHLDNG

buy on dips strategy to plan

Bajaj Holdings & Investment Limited is not a conventional operating company. It is essentially a holding/investment company, with its value driven largely by its strategic investments in the Bajaj Group. Its major investments include: Bajaj Auto Bajaj Finserv Maharashtra Scooters Bajaj Auto Holdings The FY2026 consolidated structure showed approximately 36.66% in Bajaj Auto, 40.78% in Bajaj Finserv, 100% in Bajaj Auto Holdings and 51% in Maharashtra Scooters. That makes holding-company valuation / discount to underlying investments particularly important when analysing this stock. 2. Fundamental Analysis Current valuation At around ₹11,200: Market Cap: roughly ₹1.25 lakh crore P/E: around 14x on Screener's consolidated data Book Value: around ₹6,573 ROE: around 11.9% ROCE: around 11% So on conventional P/E, it doesn't look excessively expensive. But P/E alone is not the best way to value Bajaj Holdings, because a large part of its value comes from its investment portfolio.