bajaj finance stock target

Bajaj Finance Q1 Update: New loans rise 10% YoY; AUM jumps 31% to Rs 3,54,100 crore

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Bajaj Finance Q1 Update: New loans rise 10% YoY; AUM jumps 31% to Rs 3,54,100 crore

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

What is fueling a rally in Bajaj Finance post Q1? Here’s what brokerages say

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What is fueling a rally in Bajaj Finance post Q1? Here’s what brokerages say

rallied more than 9 per cent in the morning trade on Thursday, a day after this NBFC company reported a 159 per cent year-on-year (YoY) growth in the net profit for the quarter ended June 2022. Brokerage firms upgraded the stock post-June quarter results on strong loan growth and improvement in net interest margins (NIMs). … Read more