Bajaj Consumer Care Shares Crash 10% Despite 66% Profit Growth: Here's Why
India, Oct. 15 -- The shares of this small cap company majorly engaged in the business of cosmetics, toiletries and other personal care products, plunged nearly 10 percent after announcing its Q2 FY27 result.
With the market capitalization of Rs. 6,266 Crores, the shares of Bajaj Consumer Care Ltd reached an intraday low of Rs. 470 per share falling nearly 10 percent from its previous day close of Rs. 520 per share and is trading at a P/E of 25 whereas industry P/E stands at 35.5
Rising Raw Material Prices Put Margin Sustainability in Focus
Bajaj Consumer Care highlighted rising prices of key raw materials in its Q2 FY27 investor presentation, including light liquid paraffin (LLP), refined mustard oil (RMO) and copra. The LLP price ind...
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