BAJAJHLDNG

It is a holding company of Bajaj Group Major investments: Bajaj Finserv Bajaj Finance So stock performance depends largely on underlying group companies 👉 Not a typical operating business — valuation driven by investments (NAV play) Valuation P/E ≈ 13 (very low vs sector) P/B ≈ 1.6–1.7 👉 Indicates: Stock is undervalued vs financial sector Typical for holding companies (discount to NAV) ✔️ Financial Strength Strong balance sheet (investment-led model) Consistent profitability (₹2000+ Cr quarterly profit) Dividend yield 0.9% 👉 Quality = High (Group pedigree) ✔️ Institutional Interest MF holding 6% FII holding 10% 👉 Stable but not aggressively increasing