₹1579.25
🔔 Earnings Alert
Bajaj Finserv's Q1 net profit up 10% to Rs 2,138 crore, stock falls over 2%
based on 12 analysts
72.73%
Buy
9.09%
Hold
18.18%
Sell
Based on 12 analysts offering long term price targets for Bajaj Finserv Ltd. An average target of ₹1777.08
Source: S&P Global Market Intelligence
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | + 1.97 % |
3 Month Return | -0.71 % |
1 Year Return | -2.33 % |
Market Stats | |
Previous Close | ₹1,618.85 |
Open | ₹1,600.60 |
Volume | 36.75L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹2,58,475.64Cr |
P/E Ratio | 31.62 |
PEG Ratio | 2.91 |
Market Cap | ₹2,58,475.64 Cr |
P/B Ratio | 39.88 |
EPS | 37.6624142865572 |
Organisation | Bajaj Finserv Ltd |
Headquarters | Pune |
Industry | Finance |
E-voting on shares | Click here to vote |
Today's Timeline - Invalid Date
01:03 PM
-Bajaj Finserv Q1 net profit up 10% YoY to Rs 2,138 crore; total income jumps 35% YoY to Rs 31,480 crore.
Key events for Bajaj Finserv Ltd
Bajaj Finserv reports a 10% increase in consolidated net profit for Q1 FY25, with total income rising by 35%. The company's NII grew 25% YoY. Despite this, the stock fell over 2% on Wednesday.
Bajaj Finserv's Large-Cap Investments Show Resilience - 22 Jul, 2024
A recent study by Bajaj Finserv Asset Management highlights the reliability of large-cap investments across various market conditions. SMC Global has recommended buying Bajaj Finserv Ltd with a target price of Rs 1,750-1,760.
Bajaj Finserv Breaks Out of Tight Trading Range - 21 Jul, 2024
Bajaj Finserv has broken out of a tight trading range with significant volume, revealing an Inverse Head and Shoulders pattern. Initiating long positions within the Rs 1,620-1,645 range could lead to a target price of Rs 1,800, offering significant upside potential.
Bajaj Finserv AMC CIO Uses Behavioural Finance for Investment Decisions - 20 Jul, 2024
Nimesh Chandan, the CIO of Bajaj Finserv AMC, has successfully managed funds worth Rs 12,000 crore using a philosophy based on Information Edge, Quantitative Edge, and Behavioural Edge.
Bajaj Finserv Customers Can Reduce TDS on FD Interest; CIO Thinks Contrarian Due to High Valuations - 19 Jul, 2024
Bajaj Finserv customers holding fixed deposits can avoid TDS on interest earned by submitting Form 15G. Meanwhile, Bajaj Finserv AMC's CIO is thinking contrarian due to high valuations in some areas of the market and sees better opportunities in select sectors.
Bajaj Finserv Among Top Performers on Sensex - 18 Jul, 2024
Bajaj Finserv was among the top performers on Sensex with its stock gaining after TCS. The company's CEO, Sanjiv Bajaj, has a total remuneration that is significantly higher than the industry average. Meanwhile, the company has seen strong growth in earnings per share and revenue over the past few years.
Bajaj Finserv Launches Investment Solution; Stock Rises - 15 Jul, 2024
Bajaj Finserv Asset Management has launched Savings+, an investment solution aimed at making better use of surplus funds lying idle in savings accounts. Meanwhile, Bajaj Finserv Ltd's stock continues to rise for the fifth consecutive session.
Bajaj Finserv Asset Management Launches Savings+ for Retail Investors - 11 Jul, 2024
Bajaj Finserv Asset Management has launched Bajaj Finserv Savings+, allowing retail investors to invest in Liquid and Overnight Funds with competitive returns and liquidity. The digital solution offers T+1 day liquidity, instant redemption of up to ₹50,000 or 90% of invested value, and customised financial recommendations through Perfios' Personal Finance Management solution. CEO Ganesh Mohan said the platform will be available on the website and WhatsApp.
Bajaj Allianz Gross Direct Premium at Rs 1,234 Crore in June - 10 Jul, 2024
Bajaj Allianz General Insurance underwrote a gross direct premium of Rs 1,234 crore in June, while Bajaj Allianz Life Insurances total new business premium was Rs 1,082 crore.
Bajaj Finserv Subsidiaries Release Provisional Figures for June - 09 Jul, 2024
Bajaj Allianz Life and General Insurance released their provisional figures for June in a quarterly business update. Bajaj Allianz General Insurance reported a gross direct premium underwritten at Rs 1,234 crore for June. Shares of Bajaj Finserv gained marginally after the announcement.
Bajaj Allianz reports gross direct premium underwritten at Rs 1,234 crore for June - 08 Jul, 2024
Bajaj Allianz General Insurance reported a gross direct premium underwritten at Rs 1,234 crore for June. Bajaj Allianz Life Insurance's total new business premium stood at Rs 1,082 crore for the same period. The company's total premium for April-June was Rs 2,539.93 crore. Bajaj Finserv shares closed 0.73% lower on Monday.
Bajaj Finserv Reports Strong FY 2024 Results - 30 Jun, 2024
Bajaj Finserv reported a 35% YoY increase in revenues for FY 2024, driven by the Retail Financing segment. Net income also increased by 27%. The EPS missed estimates slightly, but revenue exceeded analyst expectations by 22%. The company's share price remains stable.
Bajaj Finance Partners with Ashok Leyland for Vehicle Financing - 28 Jun, 2024
Bajaj Finance has partnered with Ashok Leyland to offer customised and seamless financial solutions for vehicle financing across India. The partnership will enhance business volumes for both companies.
Bajaj Finance Partners with Tata Motors for Financing Solutions - 25 Jun, 2024
Bajaj Finance, a subsidiary of Bajaj Finserv, has partnered with Tata Motors to provide financing solutions for its entire commercial vehicle portfolio. The partnership aims to make the process of purchasing a commercial vehicle accessible and hassle-free.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 3.82% to 4.52% in Jun 2024 quarter
Revenue Rich
Revenue is up for the last 4 quarters, 23.28K Cr → 32.04K Cr (in ₹), with an average increase of 10.1% per quarter
Against Peers
In the last 3 years, New India Assurance Company Ltd has given 54.2% return, outperforming this stock by 34.5%
Against Peers
In the last 1 year, New India Assurance Company Ltd has given 107.1% return, outperforming this stock by 109.4%
Promoter Holding Down
Promoters have decreased holdings from 60.69% to 60.64% in Jun 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 23.38% to 23.18% in Jun 2024 quarter
Price Dip
In the last 1 year, BAJAJFINSV stock has moved down by -2.3%
FII Holding Down
Foreign Institutions have decreased holdings from 8.14% to 8.13% in Jun 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 2.15K Cr → 2.11K Cr (in ₹), with an average decrease of 1.8% per quarter
News
Wipro Share Price Today Live Updates : Wipro stock price went down today, 24 Jul 2024, by -1.03 %. The stock closed at 505.75 per share. The stock is currently ... Read more
24 Jul, 2024 08:01 AMWipro stock was trading on a flat note at Rs 503.85 against the previous close of Rs 500.55 on BSE. Market cap of Wipro stood at Rs 2.63 lakh crore on BSE today
24 Jul, 2024 12:33 PMQ'1 24 | Q/Q Change | |
---|---|---|
Revenue | ₹32,045.26Cr | ↑10.35% |
Net Income | ₹4,084.93Cr | ↑0.98% |
Net Profit Margin | 12.75% | ↓8.47% |
2024 | Y/Y Change | |
---|---|---|
Revenue | ₹1,10,382.29Cr | ↑34.49% |
Net Income | ₹15,595.36Cr | ↑27.73% |
Net Profit Margin | 14.13% | ↓5.04% |
2024 | Y/Y Change | |
---|---|---|
Total Assets | ₹6,654.05Cr | ↑25.06% |
Total Liabilities | ₹85.08Cr | ↑17.22% |
2024 | Y/Y Change | |
---|---|---|
Operating Cash Flow | ₹1,311.80Cr | ↑66.53% |
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 60.64% | ||
Foreign Institutions | 8.13% | ||
Mutual Funds | 4.52% | 18.47 | |
Retail Investors | 23.18% | ||
Others | 3.52% |
Bajaj Finserv Ltd in the last 5 years
Lowest (17.84x)
March 24, 2020
Industry (30.27x)
July 23, 2024
Today (31.62x)
July 23, 2024
Highest (72.11x)
September 24, 2021
Bajaj Finserv Ltd’s net profit jumped 19.76% since last year same period to ₹2,118.53Cr in the Q4 2023-2024. On a quarterly growth basis, Bajaj Finserv Ltd has generated -1.81% fall in its net profits since last 3-months.
Read More about Earnings ResultsIn the quarter ending March 2024, Bajaj Finserv Ltd has declared dividend of ₹1 - translating a dividend yield of 0.11%.
Read More about DividendsBearish
Neutral
Bullish
Bajaj Finserv Ltd is currently in a Bearish trading position according to technical analysis indicators.
Bajaj Finserv Ltd (BAJAJFINSV) share price today is ₹1579.25
Bajaj Finserv Ltd is listed on NSE
Bajaj Finserv Ltd is listed on BSE
PE Ratio of Bajaj Finserv Ltd is 31.62
PE ratio = Bajaj Finserv Ltd Market price per share / Bajaj Finserv Ltd Earnings per share
Today’s traded volume of Bajaj Finserv Ltd(BAJAJFINSV) is 36.75L.
Today’s market capitalisation of Bajaj Finserv Ltd(BAJAJFINSV) is ₹258475.64Cr.
Bajaj Finserv Ltd(BAJAJFINSV | Price |
---|---|
52 Week High | ₹1741 |
52 Week Low | ₹1419.05 |
Bajaj Finserv Ltd(BAJAJFINSV) share price is ₹1579.25. It is down -9.29% from its 52 Week High price of ₹1741
Bajaj Finserv Ltd(BAJAJFINSV) share price is ₹1579.25. It is up 11.29% from its 52 Week Low price of ₹1419.05
Bajaj Finserv Ltd(BAJAJFINSV | Returns |
---|---|
1 Day Returns | -39.6% |
1 Month Returns | 1.97% |
3 Month Returns | -0.71% |
1 Year Returns | -2.33% |