The growth of sugar and ethanol producer Bajaj Hindusthan Sugar Limited has been amazing with a significant expansion phase from 2003 to 2007 that led to the creation of eight new plants, elevating the total cane crushing capacity to 96,000 tonnes per day. However, there are certain challenging dynamics that need to be overcome 

On Wednesday, the bulls on Dalal Street held on to the momentum going up as Sensex crossed the psychological 60,000 mark whereas Nifty travelled towards the 18,000-level due to softening inflation and robust FII buying in the current month. 

Here is the performance of Bajaj Group stocks. I’m sure many of you would assume either Bajaj Finserv or Bajaj Finance to be the top performing stock; if so, you’re in for a surprise!

Interestingly, the book value of the company is Rs 17 and currently, it is quoting below its book value as the current market price stands at Rs 10.90.

At 10 am on Thursday, the core equity indices i.e., Sensex & Nifty 50 were trading higher, owing to strong global cues from the US markets and a reduction in the 10-year treasury yield. Major companies like HCL Technologies, CRISIL, L&T Technology Services, Cyient, ICICI Lombard General Insurance, Nestle India, and Tata Communications are set to announce their Q4 results today.