Explained: Why Bajaj Housing Finance shares fell 5% in early trade
3 months, 2 weeks 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 for trade. The Rs 6,560 crore IPO of Bajaj Housing Finance saw an overwhelming response earlier this year, garnering subscriptions worth Rs 3.23 lakh crore.

Finance Housing Share Bajaj Shares Bajaj Housing Finance  rs  finance  price  share  equity  early  shares  trade  bajaj  crore  fell  explained  housing  investors

History of this topic

Bajaj Finance shares hit record high after Rajeev Jain gets promoted as vice chairman
1 week, 3 days ago

Bajaj Finance shares hit record high after Rajeev Jain gets promoted as vice chairman

Hindustan Times  

Bajaj Finance's shares rose to a record high on March 21 after Rajeev Jain, the company's managing director got appointed as Vice Chairman. Jain would be overseeing Bajaj Finance in his new role, as well as supervise some of the newer initiatives of the group in healthcare and support transitions in the group’s insurance companies. As a result of Jain's …

Bajaj Finance shares to cross ₹10,000? Large-cap stock hits new high on leadership ability; brokerages lift targets
1 week, 3 days ago

Bajaj Finance shares to cross ₹10,000? Large-cap stock hits new high on leadership ability; brokerages lift targets

Live Mint  

Shares of Bajaj Finance Ltd surged over 4 per cent in intra-day trading on Friday, March 21, hitting a new all-time high of ₹9,070. Bajaj Finance Garners Multiple Price Target Upgrades Leading global brokerages have raised their price targets on Bajaj Finance, citing leadership continuity, strategic clarity, and expectations of strong financial performance. CLSA: CLSA, which has the highest price …

Bajaj Finance shares rally over 3% to reach record high, analysts bullish
1 week, 3 days ago

Bajaj Finance shares rally over 3% to reach record high, analysts bullish

India Today  

Bajaj Finance shares ros sharply on Friday to hit a record high, just a day after it promoted veteran leader and managing director Rajeev Jain to the post of vice chairman. It may be noted that Bajaj Finance has also announced that present deputy managing director Anup Kumar Sinha will be replacing Rajeev Jain as new MD. "The move should …

Bajaj Auto share price slumps over 3%, touches 52-week low; here’s what technical analyst says
3 weeks, 6 days ago

Bajaj Auto share price slumps over 3%, touches 52-week low; here’s what technical analyst says

Live Mint  

Bajaj Auto share price continued its downward trend for the seventh straight session, falling more than 3% to reach an intraday low of 7,475.70 during Tuesday's trading. Bajaj Auto share price has declined by over 13% in the past week of trading sessions. Bajaj Auto share price today opened at ₹7,652.10 apiece on NSE, the stock touched an intraday high …

Bajaj Finance rides high on digital expansion and asset growth—what’s next?
2 months ago

Bajaj Finance rides high on digital expansion and asset growth—what’s next?

Live Mint  

Shares of Bajaj Finance Ltd surged more than 6% on Thursday, hitting a 52-week high of ₹8,250.65 after reporting stronger-than-expected earnings for the third quarter of fiscal 2025. Read this | Bajaj Finance stock may face near-term pain as it marches ahead on growth, seeking wider market share Q3 earnings beat Bajaj Finance reported an 18% year-over-year rise in consolidated …

Jai Balaji Industries shares hit 52-week low after this stock pledge update
2 months, 1 week ago

Jai Balaji Industries shares hit 52-week low after this stock pledge update

Live Mint  

Stock market today: Jai Balaji Industries share price tanked nearly 4% to ₹147.55 apiece on Wednesday, January 22 following an update regarding the share pledge by the company. Catalyst Trusteeship held 15,39,11,165 shares of Jai Balaji Industries as against 3,07,82,233 shares ahead of the stock split in the ratio of 1:5. Stock Impact Shares of Jai Balaji Industries declined 3.75% …

Bajaj Finance shares jump over 3% after strategic partnership with Bharti Airtel
2 months, 1 week ago

Bajaj Finance shares jump over 3% after strategic partnership with Bharti Airtel

Live Mint  

Bajaj Finance share price surged by 3.6%, hovering around its all-time high after Bharti Airtel, a leading telecom company, announced a strategic collaboration with the private-sector Non-Banking Financial Company Bajaj Finance on Monday. The firm mentioned in an exchange filing that this unique partnership combines Airtel’s extensive customer base of 375 million, a robust distribution network of over 1.2 million, …

Explained: Why Bajaj Finance share price gained 4% in early trade
2 months, 4 weeks ago

Explained: Why Bajaj Finance share price gained 4% in early trade

India Today  

Bajaj Finance shares surged 4% in early trading on the Bombay Stock Exchange, hitting an intraday high of Rs 7,199. The rally in Bajaj Finance shares comes after global brokerage Citi maintained a bullish outlook, reportedly reiterating a ‘Buy’ rating with a target price of Rs 8,150. Bajaj Finance’s recent financial performance has been robust. It may b noted that …

Bajaj Auto share price drops over 2% after December sales data
2 months, 4 weeks ago

Bajaj Auto share price drops over 2% after December sales data

Live Mint  

Bajaj Auto share price declined over 2% on Wednesday after the company announced its December wholesales data. Bajaj Auto Share Price Trend Bajaj Auto share price has fallen over 29% in the past three months, while the auto stock has fallen by only 9% in six months. In the last one year, Bajaj Auto share price has rallied over 28%, …

Bajaj Housing Finance share price tumbles 6% as 3-month IPO lock-in period ends today
3 months, 2 weeks 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 …

Bajaj Auto Share Price Today on 29-11-2024: Bajaj Auto share price are up by 0.5%, Nifty up by 0.88%
4 months ago

Bajaj Auto Share Price Today on 29-11-2024: Bajaj Auto share price are up by 0.5%, Nifty up by 0.88%

Live Mint  

Bajaj Auto Share Price Today on 29-11-2024: At 29 Nov 11:24 today, Bajaj Auto shares are trading at price ₹9058.2, 0.5% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?
4 months ago

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?

Live Mint  

Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. Further contributing to the negative sentiment, Bajaj Auto reported weak domestic sales for October, with a year-on-year decline of 8%, dropping from 3.29 lakh units to 3.03 lakh units. Bajaj Auto …

Bajaj Auto Share Price Today on 27-11-2024: Bajaj Auto share price are up by 0.64%, Nifty up by 0.02%
4 months ago

Bajaj Auto Share Price Today on 27-11-2024: Bajaj Auto share price are up by 0.64%, Nifty up by 0.02%

Live Mint  

Bajaj Auto Share Price Today on 27-11-2024: At 27 Nov 11:28 today, Bajaj Auto shares are trading at price ₹9198.35, 0.64% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Auto Share Price Today on 26-11-2024: Bajaj Auto share price are down by -1.94%, Nifty up by 0.02%
4 months ago

Bajaj Auto Share Price Today on 26-11-2024: Bajaj Auto share price are down by -1.94%, Nifty up by 0.02%

Live Mint  

Bajaj Auto Share Price Today on 26-11-2024: At 26 Nov 11:18 today, Bajaj Auto shares are trading at price ₹9243.35, -1.94% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Auto Share Price Today on 25-11-2024: Bajaj Auto share price are up by 0.8%, Nifty up by 1.71%
4 months 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 Auto Share Price Today on 22-11-2024: Bajaj Auto share price are up by 0.1%, Nifty up by 1.24%
4 months, 1 week ago

Bajaj Auto Share Price Today on 22-11-2024: Bajaj Auto share price are up by 0.1%, Nifty up by 1.24%

Live Mint  

Bajaj Auto Share Price Today on 22-11-2024: At 22 Nov 12:41 today, Bajaj Auto shares are trading at price ₹9516.95, 0.1% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Auto Share Price Today on 12-11-2024: Bajaj Auto share price are down by -2.27%, Nifty down by -1.07%
4 months, 2 weeks ago

Bajaj Auto Share Price Today on 12-11-2024: Bajaj Auto share price are down by -2.27%, Nifty down by -1.07%

Live Mint  

Bajaj Auto Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Bajaj Auto shares are trading at price ₹9689.05, -2.27% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Bajaj Auto Shares Soar 1.35%, Nifty Down 0.09% Today
5 months ago

Bajaj Auto Shares Soar 1.35%, Nifty Down 0.09% Today

Live Mint  

Bajaj Auto shares are trading up by 1.35% today, with the Nifty down by -0.09%. The stock has hit a high of ₹9999 and a low of ₹9775.25 during the day, and is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock has key support levels at ₹9628.68, ₹9417.37, & ₹9194.73, and key resistance …

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors
5 months, 1 week 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 to Grow Construction Finance to 16% of AUM
5 months, 1 week ago

Bajaj Housing to Grow Construction Finance to 16% of AUM

Live Mint  

Bajaj Housing Finance aims to increase its construction finance business to 16% of its AUM, with a focus on taking this share to around 16% of the product mix. The lender is bullish on the lease rental discounting (LRD) business and plans to continue to grow it at a steady pace. The bulk of Bajaj Housing's loan against property (LAP) …

Bajaj Housing Finance Soars 21% in Net Profit, First Quarterly Earnings After IPO
Top News
5 months, 1 week ago

Bajaj Housing Finance Soars 21% in Net Profit, First Quarterly Earnings After IPO

News 18  

Bajaj Housing Finance reports a significant increase in its net profit to Rs 546 crore for the Q2 FY25, compared to Rs 451 crore a year ago. The company raised Rs 6,560 crore through an IPO in September 2024, which helped boost its AUM to Rs 1.03 lakh crore. Despite a slight decline in the net profit margin, the company's …

Bajaj Housing Finance's Net Income Soars 21% to Rs 546 Crore
5 months, 1 week 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 Soars 21% in Net Profit, First Earnings Since Listing
5 months, 1 week ago

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing

India Today  

Bajaj Housing Finance reports a significant increase in its net profit and revenue for the quarter ending September 2024. The company's net profit jumped by 21%, reaching Rs 546 crore, compared to Rs 451 crore in the same period last year. The revenue from operations also saw a rise of 26%, reaching Rs 2,410 crore. The company's net interest income …

Bajaj Housing Finance shares hit 10% upper circuit limit after blockbuster debut
6 months, 2 weeks 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
6 months, 2 weeks 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 shares double after India’s biggest IPO of 2024: Latest updates
6 months, 2 weeks ago

Bajaj Housing shares double after India’s biggest IPO of 2024: Latest updates

Hindustan Times  

Bajaj Housing Finance Ltd.’s shares more than doubled in their trading debut after India’s biggest new listing of the year. Bajaj Housing’s IPO debut is benefiting from its parent’s strong brand recall and a history of stellar returns. Bajaj Housing’s IPO debut is also benefiting from its parent’s strong brand recall and a history of stellar returns. Bajaj Housing’s IPO …

Bajaj Housing Finance lists with a bang: Should investors hold it long term or book profits?
6 months, 2 weeks 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 …

Bajaj Housing Finance more than doubles in market debut on September 16
6 months, 2 weeks ago

Bajaj Housing Finance more than doubles in market debut on September 16

The Hindu  

Shares of Bajaj Housing Finance more-than-doubled in their trading debut on Monday, giving the company a market capitalisation of 1.34 trillion Rupees and making it most valuable listed home loan financier. The second-biggest home loan financier by Assets Under Management, Bajaj Housing Finance's $782 million IPO had attracted bids worth about $38.60 billion last week, making it the most sought-after …

Business News: Bajaj Housing Finance Experiences Massive Surge in Share Market Performance | ABP News
6 months, 2 weeks 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 Housing Finance ₹6,560-crore IPO fully booked hours after opening for subscription
6 months, 3 weeks ago

Bajaj Housing Finance ₹6,560-crore IPO fully booked hours after opening for subscription

The Hindu  

The ₹6,560-crore initial public offer of Bajaj Housing Finance got fully subscribed within hours of opening for bidding on Monday and ended the day with 2 times subscription. The initial share sale received bids for 1,46,58,24,030 shares against 72,75,75,756 shares on offer, reflecting 2.01 times subscription, as per NSE data. Bajaj Housing Finance on Friday said it has collected ₹1,758 …

Bajaj Housing Finance IPO: Firm Reveals Price Band For Upcoming Issue, Check Details Here
6 months, 4 weeks ago

Bajaj Housing Finance IPO: Firm Reveals Price Band For Upcoming Issue, Check Details Here

ABP News  

Bajaj Housing Finance has announced the price band for its much-awaited IPO, scheduled to be available for subscription from Monday. The company’s public listing will comprise a fresh issue of equity shares worth Rs 3,560 crore and an offer-for-sale of shares worth Rs 3,000 crore. The issue’s book-running lead managers include BofA Securities Pvt Ltd, Axis Capital Ltd, Kotak Mahindra …

Bajaj Housing Finance IPO: All you need to know about the ₹6,560 crore issue
6 months, 4 weeks ago

Bajaj Housing Finance IPO: All you need to know about the ₹6,560 crore issue

Hindustan Times  

Bajaj Housing Finance' initial public offering will open for bidding on Monday, September 9. Bajaj Housing Finance aims to raise ₹ 6,560 crore through its IPO, including a fresh share sale of ₹ 3,560 crore and an offer-for-sale of ₹ 3,000 crore. Bajaj Housing Finance IPO details The company is looking to raise a total of ₹6,560 crore from its …

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said
8 months, 1 week 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
8 months, 2 weeks 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
8 months, 3 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 …

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune
8 months, 4 weeks ago

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune

Live Mint  

Godrej Properties Ltd., a subsidiary of Godrej Industries, a real estate developer in India, has announced its plans to develop an 11-acre land parcel in Hinjewadi, Pune, on July 1. Gaurav Pandey, MD & CEO of Godrej Properties, said, "Hinjewadi is an important micro market for us in Pune, and we are happy to add this land parcel to our …

Bajaj Housing Finance' ₹7,000 crore IPO to be launched soon, DRHP filed: Key things to know
9 months, 2 weeks ago

Bajaj Housing Finance' ₹7,000 crore IPO to be launched soon, DRHP filed: Key things to know

Hindustan Times  

Bajaj Housing Finance filed the DRHP with capital markets regulator Sebi for its proposed IPO. Bajaj Housing Finance IPO registrar The book-running lead managers of the IPO are Kotak Mahindra Capital Company Ltd, BofA Securities India Ltd, Axis Capital Ltd, Goldman Sachs Securities Pvt Ltd, SBI Capital Markets Ltd, JM Financial Ltd, and IIFL Securities Ltd. KFin Technologies Ltd is …

Aavas, HUDCO: Shares of housing finance firms zoom up to 11%; here's why
9 months, 2 weeks ago

Aavas, HUDCO: Shares of housing finance firms zoom up to 11%; here's why

Business Standard  

Shares of housing finance companies mainly mid and small-sized were in focus and rallied up to 11 per cent in Tuesday’s intra-day trade after the Union Cabinet approved a government aid for constructing 30 million houses under the Pradhan Mantri Awas Yojana. Home First Finance Company, Aavas Financiers, GIC Housing Finance and Housing & Urban Development Corporation rallied over 7 …

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate
9 months, 3 weeks ago

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate

Hindustan Times  

Bajaj Housing Finance is launching a Rs.7,000 crore IPO. Bajaj Housing Finance managed Rs.91,370 crore worth of assets as of March 31st this year. Bajaj Housing Finance was till now, a wholly-owned subsidiary of Bajaj Finance. The lead book-runners are Kotak Mahindra Capital Company Limited, BofA Securities India Limited, Axis Capital Limited, Goldman Sachs Securities Private Limited, SBI Capital Markets …

Bajaj Finance: Up 4000% in last 10 years but negative in 2024 so far, should you buy the stock?
11 months, 2 weeks 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 …

Bajaj Housing Finance picks five investment banks as advisors for proposed IPO: Report
11 months, 3 weeks ago

Bajaj Housing Finance picks five investment banks as advisors for proposed IPO: Report

Hindustan Times  

Bajaj Housing Finance has picked five investment banks as advisors for its proposed initial public offering, according to a Moneycontrol report. The work on the proposed Bajaj Housing Finance IPO is believed to have commenced “Kotak Mahindra Capital, Axis Capital, BofA Securities, JM Financial, and SBI Capital have been shortlisted for this IPO,” the report said, quoting a person aware …

India Shelter share price jumps 5% after Kotak initiates coverage on stock with a buy call
1 year ago

India Shelter share price jumps 5% after Kotak initiates coverage on stock with a buy call

Live Mint  

India Shelter share price continued witnessing strong traction for the second consecutive session as it jumped about 6 per cent in morning trade on BSE on Thursday, March 28, after brokerage firm Kotak Institutional Equities initiated coverage on the stock with a buy recommendation. India Shelter share price opened at ₹608.65 against its previous close of ₹585.60 and soon rose …

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6
1 year ago

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6

Live Mint  

Bajaj Auto buyback: Bajaj Auto share buyback for raising up to ₹4,000 crore will open on March 6 and close on March 13. Bajaj Auto buyback price is set at ₹10,000 per share, which is around 24% higher than its Monday’s closing price of ₹8,042.75 apiece. The company’s board had approved to buyback up to 40,00,000 fully paid-up equity shares …

Bajaj Finance profit rises 22% to Rs 3,639 crore
1 year, 2 months ago

Bajaj Finance profit rises 22% to Rs 3,639 crore

New Indian Express  

NEW DELHI: Bajaj Finance on Monday reported a 22% jump in consolidated net profit to Rs 3,639 crore for the third quarter ending December 2023. The company’s total income rose to Rs 14,166 crore for the quarter under review from Rs 10,789 crore in the year-ago period, Bajaj Finance said in a regulatory filing. The consolidated assets under management rose …

Bajaj Finance to de-rate, says UBS; assumes coverage with ‘Sell’
1 year, 2 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 Finance Q2 FY24 results: profit rise by 27.7% YOY
1 year, 5 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, 5 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, 7 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 Consumer Care shares hit 52-week high after Q1 results; PAT up 36.3% on yr
1 year, 7 months ago

Bajaj Consumer Care shares hit 52-week high after Q1 results; PAT up 36.3% on yr

Live Mint  

Bajaj Consumer Care Ltd on Wednesday reported an 36.3% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹46.2 crore. Bajaj Consumer stock hit new 52-week high following Q1 results. The company's consolidated total revenue from operations rose 8.34% on year to ₹270.2 crores during the quarter ended June from ₹249.4 crore in Q1FY23. …

Discover Related