Page 2 - Bajaj Consumer Care

MARKET WRAP: Sensex up 420 pts as Infosys rallies 10%, Nifty ends at 10,740

All that happened in the markets today

Bajaj Consumer Care zooms 20% on healthy operational performance in Q1

In Q1FY21, EBITDA (earnings before interest, taxes, depreciation, and amortization) margins came at 30.42 per cent against brokerage estimate of around 20.5 per cent.

Bajaj Consumer Care slips 8% as net profit for March quarter falls 61% YoY

The stock had hit a 52-week high of Rs 345 on June 26, 2019, and its 52-week low stands at Rs 117.50, touched on March 25, 2020.

Financials, RIL lift indices; Sensex jumps 700 pts, Nifty ends at 10,092

All that happened in the markets today

Bajaj Consumer slides 9% on disappointing December quarter results

The company's earnings before interest, tax, depreciation, and ammortisation (Ebitda) fell 23.7 per cent to Rs 55.7 crore in Q3FY20, while margin declined to 27.1 per cent from 32.61 per cent YoY.

Shares of Bajaj Consumer zoom 20% after promoter sells stake

Bajaj Resources held 59.9% stake in Bajaj Consumer Care at the end of September quarter

Bajaj Consumer Care jumps 20% after promoters sell 22% stake

HDFC Mutual Fund bought 5.25 per cent stake in Bajaj Consumer, followed by ICICI Prudential Mutual Fund (2.52 per cent) and Aditya Birla Sun Life Mutual Fund (1.76 per cent).

Promoters sell 22% stake in Bajaj Consumer Care for Rs 700 crore

With this transaction, the promoters' stake will fall to 38 per cent and their pledged stake will come down to zero from 63 per cent

Bajaj Consumer tanks 16% in two days post Q2 results, hits over 4-year low

In the past three months, the stock has underperformed the market by falling 36 per cent, as compared to a per cent decline in the S&P BSE Sensex.

Slowdown in demand eats into Bajaj Consumer Care's June quarter numbers

Focus on brand building may keep margins under check