Mumbai: Share of Bajaj Finance and its parent Bajaj Finserv tumbled on Tuesday as the lender’s guidance signalling a slowdown in loan demand overshadowed an otherwise strong second-quarter performance. Bajaj Finance’s shares fell 7% to close at ₹1,009.10, while Bajaj Finserv slid 5.9% to end at ₹1,992.9. Benchmark Nifty, however, rose 0.5%. “Although the results … Read more
Shares of Bajaj Finance will be in focus on Monday, June 16, as they begin trading on an ex-split and ex-bonus basis following the company’s recently announced corporate actions. Investors who held the stock as of Friday, June 13, will be eligible to receive both the split shares and the bonus allotment. As per the … Read more
India’s largest NBFC, Bajaj Finance, has set Monday, June 16, 2025, as the record date for its 1:2 stock split and 4:1 bonus share issue. The board approved both corporate actions on April 29, alongside the company’s Q4FY25 results. Under the stock split, there will be a sub-division of 1 equity share of face value … Read more
Shares of Bajaj Finance jumped 5.5% to hit an intraday high of Rs 9,425.5 on the BSE in Friday’s trade, as the Reserve Bank of India’s 50 basis point repo rate cut and 100 basis point CRR cut sparked broad optimism in the lending sector, especially among non-banking financial companies (NBFCs). While the aggressive repo … Read more
Shares of Bajaj Finance and Bajaj Finserv fell by 3.3% and 3%, respectively, on the BSE following the multibagger listing of Bajaj Housing Finance, which is the largest IPO of 2024 so far and was subscribed nearly 67 times the shares on offer. Bajaj Finance shares reached a day’s low of Rs 7,347.10, while Bajaj … Read more
Bajaj Finance reported 10% year-on-year growth in new loans booked in the quarter ended June 30, 2024, at 10.97 million compared to 9.94 million it booked in the corresponding period of the last financial year. The company’s deposits book stood at approximately Rs 62,750 crore as of June 30, 2024, as compared to Rs 49,944 … Read more
MUMBAI – Bajaj Finance is expected to report a strong double-digit growth in earnings for the quarter ended December, led by healthy loan growth, higher margins, and moderate costs. The non-bank finance major is seen reporting a 26.3% year-on-year (YoY) growth in net profit for the quarter to Rs 3,756 crore, the average of estimates … Read more
Shares of India’s largest NBFC Bajaj Finance on Thursday dropped up to 4% in the morning session but recovered all losses to trade in the positive zone after brokerages said they don’t see much impact of RBI direction to stop sanctioning and disbursing loans under its two lending products – eCOM and Insta EMI Card. … Read more
Brokerage firm CLSA maintained a buy rating on Bajaj Finance while Morgan Stanley recommended a buy on Can Fin Homes. Also, CLSA recommended a buy on Tata Motors and Jefferies has a buy rating on Kotak Mahindra Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA … Read more
The board of directors of Bajaj Finance Ltd will meet on October 5 to consider and approve fundraising through equity instruments. Among the various options, the board will consider preferential issue of shares or qualified institutional placement issue, it said in a regulatory filing. However, the company did not mention the amount it plans to … Read more