Bajaj Finance Limited (NSE: BAJFINANCE)
India
· Delayed Price · Currency is INR | Market Cap | 4.08T |
| Revenue (ttm) | 342.26B |
| Net Income (ttm) | 153.75B |
| Shares Out | 618.01M |
| EPS (ttm) | 248.51 |
| PE Ratio | 26.54 |
| Forward PE | 21.81 |
| Dividend | 36.00 (0.55%) |
| Ex-Dividend Date | Jun 21, 2024 |
| Volume | 117,771 |
| Open | 6,614.00 |
| Previous Close | 6,595.30 |
| Day's Range | 6,510.65 - 6,614.00 |
| 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
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...
Morgan Stanley on Bajaj Finance: Maintains ‘Overweight’ rating with target price at Rs 9,000
Morgan Stanley has reiterated its ‘Overweight’ rating on Bajaj Finance (BAF) with a target price of ₹9,000, reflecting a significant upside from the current market price of ₹6,758.00. The brokerage no...
Citi on RBL Bank: Buy, target price cut to Rs 255 due to elevated stress in credit cards and MFI
Citi has maintained its ‘Buy’ rating on RBL Bank, but has reduced its target price to Rs 255 due to heightened stress in the bank’s credit card portfolio, particularly its co-branded card with Bajaj F...
Diwali stock pick: JM Financial sees Bajaj Finance surging 18.6% to ₹8,552
JM Financial has recommended Bajaj Finance as one of its top Diwali stock picks with a target price of ₹8,552, implying an upside potential of 18.6% over the next 6-12 months. Bajaj Finance, one of In...
JMFS Research Diwali Stock Picks for 2024: Key Stocks to Watch
As part of the Diwali 2024 stock picks, JMFS Research has provided in-depth analysis of various stocks, including Reliance Industries, Power Grid Corporation, Bajaj Finance, ICICI Lombard, Jindal Stee...
Nifty 50 Top Gainers and Losers: Shriram Finance up 3.78%, Bajaj Finance gains 3.15%, Nestle India down 2.20%, Britannia slips 1.17%
The Nifty 50 index saw a mix of gains and losses as of 11:23 AM, with Shriram Finance leading the top gainers while Nestle India topped the losers’ list. Positive momentum continued in financials and ...
Top Gainers in the Market Today: ITC, Bharti Airtel, Trent lead gains
The Indian market saw a mixed trading session on October 7, with several stocks outperforming amidst broader market volatility. Key gainers included ITC, Bharti Airtel, Trent, M&M, and Bajaj Finance, ...
Stock Market Today: Top 5 Nifty gainers today aiding the recovery
The market is seeing positive momentum with the following top five stocks from Nifty contributing to the recovery: ITC: Gained 1.44% with a last traded price of ₹510.80, reaching a high of ₹514.95. Bh...
Bajaj Housing Finance declines over 4% following HSBC’s “Reduce” rating
Shares of Bajaj Housing Finance Ltd faced a steep decline, dropping 4.12% to ₹144.40 in early trading on October 7, making it the top loser of the hour. The drop came shortly after brokerage firm HSBC...
Top Losers on NIFTY 50 Today, October 4 2024: M&M, Bajaj Finance, Asian Paints and more
The NIFTY index showed a downward trend, closing at 25,049.85, down by 200.25 points or 0.79%. The index opened at 25,181.90, reached a high of 25,485.05, and dipped to a low of 24,966.80 during the d...
Stocks hitting lower circuit today: Zee Media, PC Jeweller, Reliance Power and more
On October 4, multiple stocks hit their lower circuits amidst a flat trading session in the SE Midcap and Smallcap indices. Major losers on the Nifty included BPCL, Bajaj Finance, Cipla, NTPC, and Her...
Bajaj Finance share price drops over 3% following Q2 business update
Bajaj Finance share price dropped more than 3% in the morning trade reported Q2 business update which is weakest in 6 quarters. The loan portfolio increased 14% year on year, with 9.69 million loans d...