Bajaj Finance Limited (NSE: BAJFINANCE)
India
· Delayed Price · Currency is INR | Market Cap | 4.23T |
| Revenue (ttm) | 342.26B |
| Net Income (ttm) | 153.75B |
| Shares Out | 618.01M |
| EPS (ttm) | 248.51 |
| PE Ratio | 27.56 |
| Forward PE | 22.67 |
| Dividend | 36.00 (0.53%) |
| Ex-Dividend Date | n/a |
| Volume | 2,699,231 |
| Open | 6,913.35 |
| Previous Close | 6,918.55 |
| Day's Range | 6,804.70 - 7,024.00 |
| 52-Week Range | 6,187.80 - 7,830.00 |
| Beta | 1.01 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 23, 2025 |
About Bajaj Finance
Bajaj Finance Limited operates as a deposit-taking non-banking financial company in India. The company offers consumer finance, which includes durable, lifestyle, digital product, EMI card, two and three wheeler, personal loan, loan against fixed deposit, extended warranty, home and gold loans, retail EMI, retailer finance, e-commerce, and co-branded credit card and wallets. It also provides SME finance; and loan against property and shares, lease rental discounting, business and professional loans, working capital loans, and developer and used... [Read more]
Financial Performance
In 2023, Bajaj Finance's revenue was 316.27 billion, an increase of 23.21% compared to the previous year's 256.69 billion. Earnings were 144.51 billion, an increase of 25.58%.
Financial StatementsNews
Top gainers on Nifty 50: Bajaj Finance up 1.33%, Titan surges 1.43%, Dr. Reddy adds 1.9% as index gains 0.30%
The Nifty 50 rose by 72 points (+0.30%) to ₹24,023.70 as of 9:40 AM, supported by gains across major constituents. Key stocks in the spotlight include Bajaj Finance, Titan, and Dr. Reddy’s Laboratorie...
Nifty 50 top gainers this week: Bharti Airtel, Bajaj Finance, Wipro and more
The Indian stock market ended the trading week on a robust note, with both Sensex and Nifty registering remarkable gains on Friday, December 13. The Sensex soared by 843.16 points, or 1.04%, to close ...
Nifty 50 top gainers today on December 11: Trent, Bajaj Finance and Britannia Industries lead the rally
On December 11, Indian benchmark indices closed with marginal gains, with the Nifty managing to stay above the 24,600 mark. The Sensex gained 16.09 points or 0.02%, ending the day at 81,526.14, while ...
Morgan Stanley reiterates Overweight on Bajaj Finance post analyst meet, target price at ₹9,000
Morgan Stanley maintains its Overweight rating on Bajaj Finance, with a target price of ₹9,000, following key takeaways from the company’s analyst meet.
Citi maintains Buy call on Bajaj Finance with target of Rs 8,150 after company unveils BFL 3.0
Citi has reaffirmed its Buy rating on Bajaj Finance with a target price of ₹8,150. The company is positioning itself as a viable payments player aiming for a 1% market share in payments, revising down...
RBL Bank shares fall 3% after company ends partnership with Bajaj Finance, brokerages cautious
RBL Bank shares fell over 3% after the company mutually agreed with Bajaj Finance to cease the issuance of new co-branded credit cards. This decision follows a month of discussions, during which both ...
RBL Bank stock in focus as bank terminates partnership; check what brokerages are suggesting
RBL Bank is in focus after its decision to end the co-branded credit card partnership with Bajaj Finance (BAF), a key channel for its credit card business. Brokerages have mixed opinions on how this m...
RBL Bank stock doesn’t look attractive despite being cheap, says Morgan Stanley
Morgan Stanley has downgraded RBL Bank to Underweight, with a target price of ₹180, expressing concerns over the impact of its discontinued co-branded card partnership with Bajaj Finance.
Citi on RBL Bank: Focus shifts to direct sourcing after Bajaj Finance partnership end
Citi has reiterated a Buy rating on RBL Bank, with a target price of ₹255, as the bank transitions its credit card business after terminating its co-branded partnership with Bajaj Finance (BAF).
Investec cuts target price for RBL Bank to Rs 170 citing growth concerns after end of partnership with Bajaj Finance
Investec has maintained a Hold rating on RBL Bank, cutting the target price to ₹170.
RBL Bank and Bajaj Finance end co-branded credit card partnership
RBL Bank has committed to servicing the existing portfolio of approximately 3.4 million co-branded cards, ensuring uninterrupted customer support and satisfaction across its service channels.
IFC commits $400 million to Bajaj Finance to help boost climate finance, empower women
IFC, part of the World Bank Group, has pledged $400 million to Bajaj Finance Ltd. This funding will broaden financing options for customers purchasing electric vehicles and energy-efficient appliances...
HSBC upgrades Bajaj Finance to buy, raises share price target to ₹7,740; sees 10.5% upside
HSBC has upgraded its rating on Bajaj Finance to buy and raised the share price target to ₹7,740, indicating a 10.5% upside from the current market price (CMP) of ₹7,004.85. HSBC believes that Bajaj F...
Stock Market news: Bajaj Finance, Tech Mahindra among Nifty 50 top gainers today
The Indian benchmark equity indices, the BSE Sensex and the NSE Nifty50, ended Wednesday’s session in red. The BSE Sensex fell by 138.74 points, or 0.17 percent, to 80,081.98. Similarly, the NSE Nifty...
Bajaj Finance market cap rises by ₹20,296 crore as shares surge nearly 5% amid strong Q2 FY25 performance
Bajaj Finance Ltd saw its shares surge by 4.68% on October 23, 2024, closing at ₹6,990.10, up from the previous close of ₹6,677.90. This increase resulted in a market capitalization gain of approximat...
Bajaj Finance shares surge nearly 4% on strong Q2 perfomance
Bajaj Finance shares saw a surge of nearly 4% as company posted a robust performance in Q2 FY25, with a 13% year-on-year (YoY) growth in net profit to ₹4,014 crore. The company’s Net Interest Income (...
JPMorgan cuts Bajaj Finance target to Rs 7,300, maintains overweight rating
JPMorgan has maintained its overweight rating on Bajaj Finance but cut the target price to ₹7,300 from ₹8,000. The brokerage highlighted concerns over credit overshoot and asset quality strain during ...
Jefferies maintains buy on Bajaj Finance, sets target at ₹8,400, expects 26.4% upside in share price
Jefferies has retained its buy call on Bajaj Finance, with a target price of ₹8,400, indicating a 26.4% upside from the current market price of ₹6,645.75. Bajaj Finance delivered 29% AUM growth in Q2,...
Financial Services stocks to watch today after Q2 results: Bajaj Finance, Paytm, Max Financial, and more
Several financial services companies have released their Q2 FY25 results, showcasing varying performances across the sector. Here’s a roundup of the key financial highlights: Bajaj Finance: Bajaj Fina...
Bajaj Finance Q2 FY25 Results: AUM grows by 29% to ₹3.73 lakh crore, new loans booked up 14%
Bajaj Finance reported impressive growth in its Assets Under Management (AUM) for Q2 FY25, which surged by 29% year-on-year to ₹3,73,924 crore, compared to ₹2,90,264 crore as of 30th September 2023. T...
Bajaj Finance Q2 FY25 Results: Company adds 3.98 million new customers, optimistic about crossing 100 million milestone
Bajaj Finance has reported robust growth in customer acquisition for Q2 FY25, adding 3.98 million new customers to its franchise. This brings the total customer franchise to 92.09 million as of 30th S...
Bajaj Finance Q2 Results: Both Net NPA and Gross NPA increase marginally
Bajaj Finance Limited reported a Gross Non-Performing Assets (GNPA) ratio of 1.06% for the quarter ending September 30, 2024, a slight increase from 0.91% in the same period last year.
Bajaj Finance Q2 FY25 Results: Profit grows 13% YoY to Rs 4,014 crore, Net Interest Income surges 23% YoY
Bajaj Finance Limited has reported a net interest income (NII) growth of 23% YoY, reaching ₹8,838 crore for Q2 FY25, compared to ₹7,196 crore in the same quarter last year.
Check How Stocks Are Reacting Ahead of Q2 Results: Zomato, Bajaj Finance, Paytm, and More
The second quarter earnings season for FY25 is in full swing, and as many as 70 companies are set to release their financial results today. Among the key companies to watch out for are Bajaj Finance, ...
Q2 earnings results today: Bajaj Finance, Zomato, Adani Green Energy, Paytm, and more to report Q2 FY25 results
Several key companies across various sectors are scheduled to announce their Q2 FY25 earnings results today, offering critical insights into their performance during the quarter. Leading the pack is B...