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Bajaj Corp

Discussion in 'Technical Analysis' started by shabbir, Aug 6, 2012.

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  1. shabbir

    shabbir Administrator Staff Member

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    Bajaj Corp, has given a breakout and though we missed it, I think it is one of those stock that should be in your list of stocks.

    Enjoy
     
    shabbir, Aug 6, 2012
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  2. sujan4bw

    sujan4bw Member

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    Hi Shabbir,

    Yes the stock should be in the list. Its rocking right from beginning of 2012 :)

    Regards
    Sujan
     
    sujan4bw, Aug 6, 2012
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  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Bought @ 171.70
    breakout its previous high 170.75 with good volume.
     
    sanjay_sansanwal, Aug 16, 2012
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 40% @ 189
     
    sanjay_sansanwal, Sep 3, 2012
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  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Hey Guys I am just looking the fundamentals of bajaj corp and find out these data

    Mar '12 Mar '11 Mar '10 Mar '09 Mar '08
    Networth 427.85 376.34 27.91 51.63 4.93
    Unsecured Loans 0.00 0.00 0.00 0.00 0.00
    Total Debt 0.00 0.00 0.00 0.00 0.00
    Book Value (Rs) 29.01 127.57 11.16 103.27 9.87
    Sales Turnover 473.31 359.20 330.00 244.42 0.00
    Reported Net Profit 120.09 84.10 83.91 46.99
    Earning Per Share (Rs) 8.14 28.51 33.57 93.98

    P/E 20.67 While industry P/E is 39.79

    In share holding pattern
    We can find promoters have good % of shares
    Fii are increasing % QoQ


    All the things are looking impressive along with technical charts with high top high bottom.
    Only concern which I found is Eps and book value other then that every thing is looking good for long term.

    Share ur views and also point out which is the most important thing in fundamentals of any company?
     

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    sanjay_sansanwal, Sep 12, 2012
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  6. masihpatel

    masihpatel Active Member

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    Is it showing signs of trend reversal? Can it be bought at CMP? Thanx
     
    masihpatel, Sep 12, 2012
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  7. shabbir

    shabbir Administrator Staff Member

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    According to me it is always the sales turn over that should be ever increasing no matter what.
     
    shabbir, Sep 13, 2012
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  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    So can we think to hold for long term cause sales turnover is increasing every year along with Net profit because as a Income Tax employee I can see the growth of company by Net income only.
     
    sanjay_sansanwal, Sep 13, 2012
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  9. shabbir

    shabbir Administrator Staff Member

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    Yes we can hold this stock but then Net Income may not always increase because of some political scenarios, taxation and other such expense which companies may need to bear but then golden rule is if sales is increasing then company need to focus on making decision to cut on the expense to increase the profit margins and that is very easily doable.

    Again if you are investing fundamentally then you should be taking decision of 3 years at least because that is when you see the compounding growth in EPS and then market reaction.
     
    shabbir, Sep 13, 2012
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