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Bajaj Finance Ltd Share Price (BAJFINANCE)

₹7076.252.12%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Bajaj Finance Ltd

Key events for Bajaj Finance Ltd

  • Bajaj Finance and Shriram Finance Hike Fixed Deposit Rates - 11 Apr, 2024

    Bajaj Finance and Shriram Finance have increased their fixed deposit rates to compensate for lower bank borrowings. Non-bank lenders are turning to more expensive options like deposits and bonds.

  • Bajaj Finance Receives Positive Coverage and Anticipated Listing Price - 09 Apr, 2024

    Bajaj Finance receives positive coverage from ICICI Securities with a BUY rating and target price of Rs 8,500. PhillipCapital anticipates the listing of subsidiary Bajaj Housing Finance in September 2025 with an expected price of Rs 550-570 per share. Earlier this month, Bajaj Finance increased its deposit rates for senior citizens.

  • Bajaj Finance Announces Hike in Fixed Deposit Rates - 08 Apr, 2024

    Bajaj Finance has announced an increase in fixed deposit rates for both senior and non-senior citizens. ICICI Securities initiated coverage on the company with a buy rating and a target price of Rs 8,500.

  • Bajaj Housing Finance to Discuss Listing on Exchanges - 07 Apr, 2024

    Bajaj Housing Finance, a 100% subsidiary of Bajaj Finance, will discuss listing the company on exchanges to meet RBI's requirements for an upper-layer NBFC. The company's AUM increased by 34% YoY to Rs 3,30,400 crore in Q4 FY24, while deposits grew by 35% YoY to nearly Rs 60,100 crore. However, new loans booked were affected due to restrictions imposed by RBI citing regulatory deficiencies.

  • Bajaj Housing Finance Board to Discuss Mandatory Listing Requirement - 06 Apr, 2024

    Bajaj Housing Finance, a subsidiary of Bajaj Finance, will hold a board meeting on April 24 to discuss strategies for complying with its mandatory listing requirement as an NBFC-Upper Layer by the Reserve Bank of India. The company is required to be listed on exchanges on or before September 30, 2025. Last month, reports suggested that the housing finance company has commenced discussions with multiple investment banks regarding a possible IPO.

  • Bajaj Finance Reports Robust AUM Growth in Q4FY24 - 05 Apr, 2024

    Bajaj Finance reports a 34% YoY increase in AUM to Rs 3.3 lakh crore in FY24 and Jefferies maintains a buy call with a target price of Rs 9,400. Citigroup also reiterates its buy rating with a target price of Rs 8,975.

  • Bajaj Finance Aims to Become Omnipresent Financial Services Provider - 03 Apr, 2024

    Bajaj Finance plans to cover all consumer touchpoints, including physical branches, mobile apps, and the internet. The goal is to reach more customers, improve customer loyalty, increase cross-selling opportunities, and better margins. Bajaj aims for 100-120 million customers by 2027 with a market share of 1-1.25% of payments GMV, 2-2.75% of credit, and 3.5-3.75% of retail credit.

  • Bajaj Finance Rises for Seventh Consecutive Session - 30 Mar, 2024

    Bajaj Finance Ltd's stock rose by 3% to Rs 7,245 on the NSE for the seventh consecutive session. The stock has formed a long bullish candlestick pattern with robust volumes, and analysts recommend retaining an optimistic stance with a target of Rs 7,750.

  • Bajaj Finance Subsidiary Plans IPO, Shares Surge - 28 Mar, 2024

    Bajaj Housing Finance, a subsidiary of Bajaj Finance Ltd., has initiated discussions with investment banks for a potential IPO aimed at meeting regulatory requirements. The IPO is expected to value the company between $9-10 billion, with a tentative size of $1 billion. JPMorgan maintains an overweight rating on Bajaj Finance with a target price of Rs 8500. Bajaj Finance shares surge up to 4% after RBI relaxes rules regarding provisions for investments in AIFs by regulated entities.

  • Bajaj Housing Finance Plans IPO - 27 Mar, 2024

    Bajaj Housing Finance, a subsidiary of Bajaj Finance, is reportedly planning to go public with a tentative size of $1 billion and expected valuation of $10 billion. The mortgage lender may be listed on the bourses by end 2024 or early 2025.

  • Bajaj Finance Stock Up on Overweight Rating by Morgan Stanley - 26 Mar, 2024

    Bajaj Finance Ltd's stock is up 2.41% to Rs 6923.85 on the NSE following an overweight rating from Morgan Stanley with a target price of Rs 9,250.

  • Bajaj Finance Receives Positive Rating from BofA; Announces Key Appointments - 21 Mar, 2024

    Bajaj Finance receives a positive rating from Bank of America with a target price of Rs 9,175, while announcing key appointments for its management team and board of directors.

  • Analysts Bullish on Bajaj Finance - 19 Mar, 2024

    Bajaj Finance receives positive coverage from Anand Rathi and BNP Paribas India, with both firms issuing buy ratings and high target prices. Additionally, Sagar Doshi of Nuvama recommends the stock due to recent outperformance and potential short squeeze.

  • Analysts Reiterate Positive Outlook for Bajaj Finance - 18 Mar, 2024

    Anand Rathi and Morgan Stanley have maintained their positive outlooks for Bajaj Finance despite the competition. Anand Rathi has reiterated its Buy rating with a 12-month target price of ₹8,630 per share, while Morgan Stanley reduced its target to Rs 9,250 from Rs 9,600 but still maintains an overweight rating.

  • Bajaj Finance Insider Selling; Donations Through Electoral Bonds - 15 Mar, 2024

    Insider selling by MD & Executive Director Rajeev Jain continues with the sale of Bajaj Finance shares worth over ₹2.8b this year. Additionally, Bajaj Finance is among 16 financial services firms that donated at least Rs 180 crore through electoral bonds between 2019 and 2023.

  • Nomura Recommends Buy Call on Bajaj Finance Despite Reduced Target Price - 13 Mar, 2024

    Bajaj Finance has significant control by public companies and is largely owned by Bajaj Finserv Ltd. Nomura maintains a buy rating despite reducing the target price to Rs 7200 from Rs 8800.

Analyst Rating for Bajaj Finance Ltd stock

based on 32 analysts

BUY
75.00%
Buy
12.50%
Hold
12.50%
Sell

Based on 32 analysts offering long term price targets for Bajaj Finance Ltd. An average target of ₹8454.03

Source: S&P Global Market Intelligence

Bajaj Finance Ltd share Performance

  • ₹7063.45
    ₹7198.8
    ₹7076.25
    downward going graph

    0.18%

    Downside

    Day's Volatility:1.91%

    Upside

    1.73%

    downward going graph
  • ₹5828
    ₹8192
    ₹7076.25
    downward going graph

    17.64%

    Downside

    52 Weeks Volatility:33.41%

    Upside

    15.77%

    downward going graph
1 Month Return10.98 %
3 Month Return-3.32 %
1 Year Return21.27 %
Previous Close₹7,229.55
Open₹7,145.05
Volume7.58L
Upper Circuit-
Lower Circuit-
Market Cap₹4,47,506.48Cr

Bajaj Finance Ltd Company Information

Bajaj Finance Ltd is a non-banking financial company that was incorporated in 1987. It is a part of prestigious Bajaj Group. The company provides a wide range of financial services and products such as consumer finance, wealth management, insurance, and investment banking. It operates in various lines of business including consumer finance, wealth management, insurance, and investment banking.

Bajaj Finance is one of the leading non-banking financial companies in India, offering a wide range of financial products and services to its customers. It has a strong presence in the country with over 4,000 branches and 8,000+ touch points. Bajaj Finance's top products include personal loans, home loans, loan against property, gold loan, two-wheeler loan, and business loan. It also offers a range of digital banking services such as digital savings accounts, online investments, and digital payments. Its popular brands include Bajaj Finserv, Bajaj Housing Finance, Bajaj Allianz Life Insurance, and Bajaj Allianz General Insurance. The company also provides e-commerce services such as Bajaj Finserv MARKETS and Bajaj Finserv EMI Store.

Share Price: ₹7076.25 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹4,47,506.48Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹3,638.95Cr as on December 2023 (Q4 23)
Listing date: 09 Feb, 1995
Chairperson Name: Sanjiv Bajaj
OrganisationBajaj Finance Ltd
HeadquartersPune
IndustryFinance
E-voting on sharesClick here to vote

Fundamentals of Bajaj Finance Ltd

Insights on Bajaj Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 11 quarters, 6.74K Cr → 14.16K Cr (in ₹), with an average increase of 7.1% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.13% to 10.17% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.49% to 9.83% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 11 quarters, 1.00K Cr → 3.63K Cr (in ₹), with an average increase of 11.4% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.78% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 88.1% return, outperforming this stock by 66.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 120.0% return, outperforming this stock by 64.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 17.97% to 17.56% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, BAJFINANCE stock has moved down by -10.0%

Bajaj Finance Ltd Valuation

Bajaj Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (20.34x)

May 26, 2020

Industry (30.96x)

April 12, 2024

Today (31.82x)

April 12, 2024

Highest (106.44x)

September 23, 2021

LowHigh

Bajaj Finance Ltd Mutual Fund Holdings

Funds Holdings
SBI Equity Hybrid Fund Direct GrowthSBI Equity Hybrid Fund Direct Growth3.56%
Axis ELSS Tax Saver Fund Direct Plan Growth OptionAxis ELSS Tax Saver Fund Direct Plan Growth Option6.21%
Axis Bluechip Fund Direct Plan GrowthAxis Bluechip Fund Direct Plan Growth6.55%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth4.55%
SBI Focused Equity Fund Direct Plan GrowthSBI Focused Equity Fund Direct Plan Growth4.73%

Bajaj Finance Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
54.78%
0.00
Foreign Institutions
17.56%
-2.27
Mutual Funds
9.83%
3.66
Retail Investors
10.17%
0.36
Others
7.66%
0.32

Technicals of Bajaj Finance Ltd share

News & Events of Bajaj Finance Ltd

News

LIC Stake In Hindustan Unilever Is Now Over 5%

The insurer purchased additional shares from the open market in the ordinary course of transaction, it said.

15 Apr, 2024 09:48 PM

LIC Share: इस बड़ी FMCG कंपनी में बढ़ाई हिस्सेदारी, फोकस में रहेंगे शेयर

LIC ने FMCG कंपनी हिंदुस्तान यूनिलीवर में अपनी हिस्सेदारी बढ़ा दी है. फाइलिंग के मुताबिक हिस्सेदारी 4.99 फीसदी से बढ़ाकर 5.01 फीसदी कर दी है.

15 Apr, 2024 10:29 PM

LIC hikes its stake in Hindustan Unilever Limited over 5%

New Delhi, Apr 15 (PTI) Life Insurance Corporation of India (LIC) on Monday said its stake in FMCG major Hindustan Unilever Limited (HUL) has crossed 5 per cent... Read more

15 Apr, 2024 10:43 PM
View More

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Bajaj Finance Ltd (BAJFINANCE) share price today is ₹7076.25

Bajaj Finance Ltd is listed on NSE

Bajaj Finance Ltd is listed on BSE

  • Today’s highest price of Bajaj Finance Ltd is ₹7198.8.
  • Today’s lowest price of Bajaj Finance Ltd is ₹7063.45.

PE Ratio of Bajaj Finance Ltd is 31.82

PE ratio = Bajaj Finance Ltd Market price per share / Bajaj Finance Ltd Earnings per share

Today’s traded volume of Bajaj Finance Ltd(BAJFINANCE) is 7.58L.

Today’s market capitalisation of Bajaj Finance Ltd(BAJFINANCE) is ₹447506.48Cr.

Bajaj Finance Ltd(BAJFINANCEPrice
52 Week High
₹8192
52 Week Low
₹5828

Bajaj Finance Ltd(BAJFINANCE) share price is ₹7076.25. It is down -13.62% from its 52 Week High price of ₹8192

Bajaj Finance Ltd(BAJFINANCE) share price is ₹7076.25. It is up 21.42% from its 52 Week Low price of ₹5828

Bajaj Finance Ltd(BAJFINANCEReturns
1 Day Returns
-153.3%
1 Month Returns
10.98%
3 Month Returns
-3.32%
1 Year Returns
21.27%