Bajaj Corp Tumbles Over 6% On Not-So-Good Q4 Results

Bajaj Corp Ltd, FMCG maker on Thursday for the fourth quarter ended March has reported a decrease of 2.93% in standalone net profit at Rs 52.66 crore. While the company in Mondays’ opening trade slipped in red and was down by 6.4% on the BSE at Rs 401 per share down by Rs 27 per share.

The company in the January-March quarter of 2015-16 had posted a standalone net profit of Rs 54.25 crore, Bajaj Corp Ltd said in a BSE filing.

The stock on the NSE has delivered just over 1% returns in a period of one year and has underperformed the BSE Mid cap and BSE FMCG indices over the same time span.

Bajaj Corp Limited is an India-based holding company. The company is engaged in the business activity of trading and manufacturing of cosmetics, toiletries and other personal care products.

For Quick Trial – 8962000225 ✔
or mail us here:
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 
Give a Missed Call for Free Trial - 09699997717 
Share on Google Plus Share on Pinterest

About Suhani Varma

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.