Bajaj Holdings & Investment Ltd. shares jumped over 4% in early trade after the company reported a sharp rise in consolidated profit for the June quarter. As of 10:10 AM, the shares were trading 4.64% higher at ₹14,238.00.
The firm posted a net profit of ₹3,487 crore for Q1 FY26, more than double the ₹1,610 crore reported in the same quarter last year. The strong performance was driven by a significant jump in total income, which rose to ₹338 crore from ₹148 crore year-on-year. What also stood out was the company’s cost control efforts—total expenses dropped to ₹49 crore, down from ₹70 crore in the corresponding period of the previous fiscal.
On the stock market, investor sentiment was clearly upbeat. The stock opened at ₹14,000 and quickly surged to an intraday high of ₹14,249, compared to a previous close of ₹13,607. The stock is now inching closer to its 52-week high of ₹14,740, and far above its 52-week low of ₹9,117.20
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