Bajaj Finance: Up 4000% in last 10 years but negative in 2024 so far, should you buy the stock?
8 months, 1 week ago

Bajaj Finance: Up 4000% in last 10 years but negative in 2024 so far, should you buy the stock?

Live Mint  

The last one year has not been very impressive for the non-banking lenders on the back of high credit costs even as their asset quality remains robust. December quarter earnings In the December quarter,Bajaj Finance posted a 22.40 percent year-on-year rise in its consolidated net profit at ₹3,638.95 crore as against ₹2,973 crore in the same period last fiscal. Read here: Stocks to buy: Hindalco, HCL Tech, Federal Bank among top stock picks for April Rohan Shah - Technical Analyst, Religare Broking Ltd Bajaj Finance has rebounded strongly after completing the bullish harmonic pattern around 6200 levels. Anand Rathi: The brokerage reiterated a ‘Buy’ rating on Bajaj Finance with a target price of ₹8,630 per share, implying an over 19 percent upside. Read here: BEML share price up 136% in last one year; Prabhudas Lilladher says buy it "Bajaj Finance is on track to achieve its medium-term targets and gain market share, with high growth, deepening product penetration and unmatched execution skills.

Finance Indian Price Stock Nifty High Crore Bajaj Buy Levels Sma Bajaj Finance Nbfc Upside Bullish Nifty Fin  bullish  buy  crore  finance  far  levels  stock  2024  bajaj  nifty  negative  4000  price  high  upside

History of this topic

Bajaj Finance stock may face near-term pain as it marches ahead on growth, seeking wider market share
1 week, 4 days ago

Bajaj Finance stock may face near-term pain as it marches ahead on growth, seeking wider market share

Live Mint  

Bajaj Finance Ltd laid out its long-range strategy for 2025-29, building on the framework of last year’s 2024-28 strategy. Among the key goals, the non-banking financial company expects to increase its share in the total credit market to 3.2-3.5% by FY29, representing a significant rise from 2.1% at September-end. Now, under BFL 3.0, Bajaj Finance aims to position itself as …

Bajaj Housing Finance share price tumbles 6% as 3-month IPO lock-in period ends today
1 week, 4 days ago

Bajaj Housing Finance share price tumbles 6% as 3-month IPO lock-in period ends today

Live Mint  

Shares of Bajaj Housing Finance tumbled 6% in intraday trade on Thursday, December 12 to a two-week low of ₹132.80 apiece. This decline comes as the three-month shareholder lock-in period ended today, releasing 12.5 crore shares, or 2% of the outstanding equity of Bajaj Housing Finance, which is now available for sale in the secondary market. Bajaj Housing Finance is …

Explained: Why Bajaj Housing Finance shares fell 5% in early trade
1 week, 5 days ago

Explained: Why Bajaj Housing Finance shares fell 5% in early trade

India Today  

Shares of Bajaj Housing Finance fell nearly 5% in early trade on Thursday. The shares of Bajaj Housing Finance are currently trading at Rs 141, which is over 100% above their issue price of Rs 70. The one-month lock-in period for anchor investors of the Bajaj group’s housing finance arm ended on October 6, making 2% of the equity available …

Bajaj Auto Share Price Today on 25-11-2024: Bajaj Auto share price are up by 0.8%, Nifty up by 1.71%
4 weeks ago

Bajaj Auto Share Price Today on 25-11-2024: Bajaj Auto share price are up by 0.8%, Nifty up by 1.71%

Live Mint  

Bajaj Auto Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Bajaj Auto shares are trading at price ₹9546.9, 0.8% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 9506.08 10 …

Bajaj Finserv Soars 8% as Insurance Push Fuels Profit
2 months ago

Bajaj Finserv Soars 8% as Insurance Push Fuels Profit

New Indian Express  

Bajaj Finserv reports an 8 percent rise in net profit to Rs 2,087 crore in the September quarter. The company's net gain on fair value of investments increased by Rs 1,650 crore, contributing significantly to the overall profit. The revenue of the company jumped 29 percent to Rs 33,704 crore, but it did not translate into commensurate net income due …

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors
2 months ago

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors

Live Mint  

The news article focuses on several Indian stocks, highlighting positive financial performances and potential gains. While some companies like Bajaj Housing Finance, Cyient DLM, and Union Bank of India saw significant increases in their net profits, others like Mahindra Logistics and Aurum PropTech reported net losses. Ola Electric's IPO is expected to be a major highlight in the Indian stock …

Bajaj Housing Finance's Net Income Soars 21% to Rs 546 Crore
2 months ago

Bajaj Housing Finance's Net Income Soars 21% to Rs 546 Crore

New Indian Express  

Bajaj Housing Finance reports a 21 percent increase in net income to Rs 546 crore in the September quarter. The company's net interest income grew 13 percent to Rs 713 crore, while assets under management surged 26 percent to Rs 1.03 trillion. However, the net profit margin declined to 22.64 percent from 23.6 percent. The company's capital adequacy ratio has …

Bajaj Housing Finance shares hit 10% upper circuit limit after blockbuster debut
3 months ago

Bajaj Housing Finance shares hit 10% upper circuit limit after blockbuster debut

The Hindu  

Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10% to hit the upper circuit limit, extending the listing day gains. Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with a huge premium of nearly 136% against the issue price of ₹70. The ₹6,560-crore initial public offer of Bajaj Housing Finance Ltd …

Bajaj Housing Finance shares hit 10 pc upper circuit limit after blockbuster debut
3 months, 1 week ago

Bajaj Housing Finance shares hit 10 pc upper circuit limit after blockbuster debut

New Indian Express  

NEW DELHI: Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10 per cent to hit the upper circuit limit, extending the listing day gains. The stock jumped 10 per cent to hit the upper circuit limit of Rs 181.48 on the BSE. Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with …

Bajaj Housing Finance lists with a bang: Should investors hold it long term or book profits?
3 months, 1 week ago

Bajaj Housing Finance lists with a bang: Should investors hold it long term or book profits?

Hindustan Times  

Bajaj Housing Finance made a remarkable debut on the BSE with its shares listing at ₹150, a premium of 114.2 per cent over the issue price of ₹70. Bajaj Housing Finance shares opened at ₹ 150, a significant premium over its IPO price. Shriram Subramanian, Founder and MD, InGovern Research Services, said, “As expected the Bajaj Housing Finance stock listed …

Business News: Bajaj Housing Finance Experiences Massive Surge in Share Market Performance | ABP News
3 months, 1 week ago

Business News: Bajaj Housing Finance Experiences Massive Surge in Share Market Performance | ABP News

ABP News  

Tirupati Balaji Agro Trading, a company specializing in industrial packaging products, has delivered impressive returns to its IPO investors. The company’s stock listed at ₹90 on the Bombay Stock Exchange, representing an 8.4% premium over the IPO’s upper price band of ₹83. Founded in 2001, Tirupati Balaji Agro Trading manufactures a range of industrial packaging products, including flexible intermediate bulk …

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said
4 months, 4 weeks ago

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said

Live Mint  

Shares of Bajaj Finance dropped nearly 3 percent in intra-day trading on Wednesday after the non-banking financial company released its Q1 earnings report. Q1 Results Bajaj Finance reported a 14 percent increase in net profit for the June 2024 quarter, reaching ₹3,912 crore compared to ₹3,437 crore in the same quarter of 2023. Brokerage views Bajaj Finance reported a solid …

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY
5 months, 1 week ago

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY

Live Mint  

Bajaj Auto Q1 Results Live : Bajaj Auto declared their Q1 results on 16 Jul, 2024, with the topline increasing by 15.71% and the profit increasing by 18.1% YoY. Bajaj Auto delivered 1.93% return in the last week, 33.24% return in the last 6 months, and 42.97% YTD return. As of 17 Jul, 2024, out of 39 analysts covering the …

Chart Beat: It is back to action for Bajaj Finance in Q1FY25
5 months, 2 weeks ago

Chart Beat: It is back to action for Bajaj Finance in Q1FY25

Live Mint  

Bajaj Finance Ltd reported a significant uptick in its June quarter performance following the Reserve Bank of India's decision on 2 May to lift restrictions on the company’s 'eCOM' and 'Insta EMI Card' loan sanctioning and disbursal operations. In Q1FY25, Bajaj Finance added 4.47 million new customers, marking a healthy 16% year-on-year increase and a multi-quarter high. “The trend of …

Bajaj Finance to de-rate, says UBS; assumes coverage with ‘Sell’
11 months ago

Bajaj Finance to de-rate, says UBS; assumes coverage with ‘Sell’

Live Mint  

Bajaj Finance is expected to see an earnings downgrade and a de-rating in its multiples going ahead, analysts said. The market is likely overestimating Bajaj Finance’s ability to keep growing AUM at its historical pace while maintaining ROA despite increased competition and its large size, according to analysts at UBS. UBS believes Jio Financial Services may disrupt Bajaj Finance’s core …

Bajaj Finserv Q2 net profit rises 24% to ₹1,929 crore; stock jumps over 2%
1 year, 1 month ago

Bajaj Finserv Q2 net profit rises 24% to ₹1,929 crore; stock jumps over 2%

Live Mint  

Bajaj Finserv on Friday reported a consolidated net profit of ₹1,929 crore for the second quarter of FY24, registering a growth of 24% from ₹1,557 crore in the corresponding quarter of last fiscal. Bajaj Finserv Asset Management received encouraging response to its mutual fund schemes launched in the quarter with Assets Under Management of ₹5,235 crore at 30 September 2023, …

Bajaj Finance Q2 FY24 results: profit rise by 27.7% YOY
1 year, 2 months ago

Bajaj Finance Q2 FY24 results: profit rise by 27.7% YOY

Live Mint  

Bajaj Finance, the leading financial services company, has declared their Q2 FY24 results on 17 Oct, 2023. In addition, when compared to the previous quarter, Bajaj Finance reported a growth of 7.04% in revenue and 3.31% in profit. In terms of stock performance, Bajaj Finance has delivered a return of 0.12% in the last 1 week, 36.81% in the last …

Bajaj Finance share price drops over 2% post Q2 results; what should you do?
1 year, 2 months ago

Bajaj Finance share price drops over 2% post Q2 results; what should you do?

Live Mint  

Bajaj Finance share price: Bajaj Finance share price fell over 2 per cent in early trade on BSE on Wednesday, October 18, a day after the company reported its current fiscal's July-September quarter scorecard. Bajaj Finance share price opened at ₹8,080.95 against the previous close of ₹8,091.35 and dropped 2.05 per cent to the level of ₹7,925 quickly. From its …

Bajaj Finance shares gain as Nomura sees 22% upside
1 year, 3 months ago

Bajaj Finance shares gain as Nomura sees 22% upside

Live Mint  

Bajaj Finance share price gained 2% in the early trade on Friday after global brokerage firm Nomura initiated coverage on the stock with a ‘Buy’ rating. Nomura has set a target of ₹8,700 for Bajaj Finance shares, which implies an upside of nearly 22% from Thursday’s closing price. The brokerage house believes that the exit of Housing Finance Development Corporation …

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?
1 year, 4 months ago

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?

Live Mint  

Shares of Bajaj Finance climbed over 2 per cent in early deals on BSE on Thursday a day after the company reported its June quarter scorecard. Brokerage firm Motilal Oswal Financial Services maintained a buy call on Bajaj Finance stock with a target price of ₹8,800, implying an 18 per cent upside. "Bajaj Finance’s Q1FY24 reported PAT jumped 32 per …

Bajaj Auto shares Triumph to all-time high; here’s why
1 year, 5 months ago

Bajaj Auto shares Triumph to all-time high; here’s why

Live Mint  

Bajaj Auto share price rose 2.5 per cent to hit its fresh all-time high of ₹4,950 in morning trade on BSE on Monday, July 10 after suffering a loss of about 2 per cent in the previous session. The stock witnessed decent traction after the company said bookings for the newly launched motorcycles Triumph Speed 400 and Scrambler 400X crossed …

Bajaj Finance target price raised by Jefferies, 18% upside expected
1 year, 6 months ago

Bajaj Finance target price raised by Jefferies, 18% upside expected

Live Mint  

Bajaj Finance, the non-banking finance company, has received a boost from global research house Jeffries. Jefferies has raised its target price on Bajaj Finance citing its strong loan book growth, robust new customer acquisition and stable margins and asset quality. Jefferies highlighted a presentation made by Bajaj Finance CEO Rajeev Jain who spoke about the company’s strong presence in consumer …

IIFL Securities sees 100% upside in this ₹70 share
1 year, 11 months ago

IIFL Securities sees 100% upside in this ₹70 share

Live Mint  

Multibagger stock for 2023: Rail Vikas Nigam Limited or RVNL shares are one of the multibagger stocks in 2022. As per the IIFL Securities report, RVNL shares may emerge as one of the multibagger stocks in 2023 as the brokerage sees RVNL share price rising to the tune of ₹130 apiece levels in next one year. On reasons for being …

Bajaj Finserv turns ex-split. What investors need to know in 10 points
2 years, 3 months ago

Bajaj Finserv turns ex-split. What investors need to know in 10 points

Live Mint  

Bajaj Finserv stock split: NBFC-giant Bajaj Finserv shares turned ex-split today as the company split one existing equity share into five equity shares. Bajaj Finserv announced stock split or sub division of equity shares in the ratio of 1:5 as well as bonus issue of equity shares in the ratio of 1:1, and fixed September 14 as the record date …

Bajaj Finance Shares Tumble 5% Post Q4FY22 Results; Should You Buy, Hold or Sell?
2 years, 7 months ago

Bajaj Finance Shares Tumble 5% Post Q4FY22 Results; Should You Buy, Hold or Sell?

News 18  

Bajaj Finance Q4FY22: Bajaj Finance shares slipped 5 per cent in Wednesday’s trades to Rs 6,855 on the BSE in intra-day trade despite registering strong growth in net profit by 80 per cent year on year at Rs 2,420 crore for the fourth quarter that ended in March 2022. Yesterday, Bajaj Finance reported a 79.7 per cent year-on-year rise in …

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