Currently trading at:- 722.80
Short term target:- 800
Long term target:- 1200,1500,2000
Hi guys i am revealing for you one of the ebauty gems in my lot.I will focus on the word one because i have many more bumper stock which is yet to go high,much high than anyone can expect in near future to come.Coming back to our stock,Bajaj holdings as name suggest is just a holding stock basically it doesn not have any business of its own.,rather it has only holdings of bajaj group.The bajaj group is really doing well and i dont have to say that the numbers speak for themselves but this stock"Bajaj Holdings & Investmens" has been sidelined.This stock is coming back from its high level of 1000 to just 600 level, looking at the EPS which this stock is having i am sure this is bound to hit higher level in near term.I forot to mention one thing,you just dont have to wait for the gain in stock only,its a rich dividend paying comapny as well.Better than what other companys are providing.so basically u will be earning about 3-4% from dividends itself and plus the appreciation of teh stock is again a gain.
At current levels i would not recommend buy because i feel it can have a bit of correction but keep an eye on this gem and try and accumulate as much as possible on dips.Round 650 would be anideallevel for this gem to buy,A healthy DIVIDEND paying firm.
cheers :)
