At round 10:24 am, CARE stock was buying and selling at Rs436.20 per piece, up by 2.11% on Sensex.
However, Bajaj Holdings stock was buying and selling down 1% at Rs2891.95 per piece on Sensex on the identical time. The stock has touched an intraday excessive and low of Rs2995 per piece and Rs2865.80 per piece, respectively.
In accordance with Bloomberg Quint, Bajaj Holdings and Bajaj Life Insurance coverage have raised their stake from 4.84% to five.47% between May 1 – June 17.
In FY20, CARE’s consolidated whole revenue stood at Rs275.11cr as towards Rs349.36cr of the earlier fiscal. Whereas Revenue after tax (PAT) moderated from Rs138.07cr in 2018-19 to Rs83.48cr in FY20.