CMP: 760

Bajaj Holdings and Investment Ltd. is an investment company. The Company investments include strategic investments and investments in government securities, bonds, debentures and mutual funds.

Bajaj Holdings and Investment is a decent bet in mid-cap space trading at a P/E of 15 with dividend yields of well over 3% in the last 12 months. Its a Zero debt company with 250 Crores cash in hand. Revenues have risen from 355 Crores to 648 Crores in the last 5 years. Profits have risen from 307 Crores to 567 Crores in the last 5 years. Its a decent bet.