BAJAJ FINANCE LTD.
NSE : BAJFINANCEBSE : 500034ISIN
CODE : INE296A01024Industry : Finance - NBFCHouse
: Bajaj
BSE6827.4097.55 (+1.45 % )
PREV CLOSE (Rs.) 6729.85
OPEN PRICE (Rs.) 6839.15
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 43786
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE6826.60 95.4 (+1.42 % )
PREV CLOSE(Rs.) 6731.20
OPEN PRICE (Rs.) 6789.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 6826.60 (425 )
VOLUME 1681030
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 26-Apr-2024 | Bajaj Finance reports 21% rise in Q4 consolidated net profit | <p style="text-align: justify;">Bajaj Finance has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 19.90% rise in its net profit at Rs 3401.91 crore for the quarter under review as compared to Rs 2837.36 crore for the same quarter in the previous year. Total income of the company increased by 31.33% at Rs 12764.43 crore for Q4FY24 as compared Rs 9719.15 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 21.11% rise in its net profit at Rs 3,824.53 crore for fourth quarter ended March 31, 2024 as compared to Rs 3,157.79 crore for the same quarter in the previous year. Total income of the company increased by 31.36% at Rs 14,931.98 crore for Q4FY24 as compared Rs 11,367.54 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 22.88% rise in its net profit at Rs 12,644.11 crore as compared to Rs 10,289.74 crore for the previous year. Total income of the company increased by 31.54% at Rs 46,945.98 crore for year under review as compared to Rs 35,689.81 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 25.57% rise in its net profit at Rs 14,451.17 crore as compared to Rs 11,507.69 crore for the previous year. Total income of the company increased by 32.75% at Rs 54,982.51 crore for year under review as compared to Rs 41,418.26 crore for year ended March 31, 2023.</p> |
| 26-Apr-2024 | Bajaj Finance declines despite reporting 21% rise in Q4 consolidated net profit | <p style="text-align: justify;">Bajaj Finance is currently trading at Rs. 6706.00, down by 587.90 points or 8.06% from its previous closing of Rs. 7293.90 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 7008.60 and has touched a high and low of Rs. 7008.60 and Rs. 6691.40 respectively. So far 206853 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8190.00 on 06-Oct-2023 and a 52 week low of Rs. 6013.40 on 26-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 7417.00 and Rs. 6691.40 respectively. The current market cap of the company is Rs. 415689.59 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 54.69%, while Institutions and Non-Institutions held 34.96% and 10.34% respectively.</p><p style="text-align: justify;">Bajaj Finance has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 19.90% rise in its net profit at Rs 3401.91 crore for the quarter under review as compared to Rs 2837.36 crore for the same quarter in the previous year. Total income of the company increased by 31.33% at Rs 12764.43 crore for Q4FY24 as compared Rs 9719.15 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 21.11% rise in its net profit at Rs 3,824.53 crore for fourth quarter ended March 31, 2024 as compared to Rs 3,157.79 crore for the same quarter in the previous year. Total income of the company increased by 31.36% at Rs 14,931.98 crore for Q4FY24 as compared Rs 11,367.54 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 22.88% rise in its net profit at Rs 12,644.11 crore as compared to Rs 10,289.74 crore for the previous year. Total income of the company increased by 31.54% at Rs 46,945.98 crore for year under review as compared to Rs 35,689.81 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 25.57% rise in its net profit at Rs 14,451.17 crore as compared to Rs 11,507.69 crore for the previous year. Total income of the company increased by 32.75% at Rs 54,982.51 crore for year under review as compared to Rs 41,418.26 crore for year ended March 31, 2023.</p><div style="text-align: justify;"><br></div> |
| 06-Apr-2024 | Bajaj Finance informs about disclosure | <p style="text-align: justify;">Bajaj Finance has informed that the subsidiary, BHFL has made an intimation to BSE on April 5, 2024. A copy of the intimation made by BHFL is annexed and marked as ‘Annexure A'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 05-Apr-2024 | Bajaj Finance reports 4% growth in new loans during Q4FY24 | <p style="text-align: justify;">Bajaj Finance's new loans booked during Q4FY24 grew by 4% to 7.87 million (provisional) as compared to 7.56 million in Q4FY23. The new loans booked during the quarter were lower by 0.80 million on account of the restrictions placed by the RBI on the Company, on sanction and disbursal of loans under ‘eCOM' and ‘Insta EMI Card'.</p><p style="text-align: justify;">Its deposits book stood at around Rs 60,100 crore (provisional) as of March 31, 2024 as compared to Rs 44,666 crore as of March 31, 2023, a year-on-year (YoY) growth of 35%. Customer franchise as of March 31, 2024 stood at 83.64 million (provisional) as compared to 69.14 million as of March 31, 2023. Its Assets under management (AUM) grew by 34% to around Rs 330,400 crore (provisional) as of March 31, 2024 as compared to Rs 247,379 crore as of March 31, 2023. AUM in Q4FY24 grew by around Rs 19,400 crore.</p><p style="text-align: justify;">Its consolidated net liquidity surplus stood at around Rs 15,700 crore (provisional) as of March 31, 2024. The Company's liquidity position remains strong. </p><p style="text-align: justify;">Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.</p> |
| 22-Mar-2024 | Bajaj Finance raises Rs 395.01 crore via NCDs | <p style="text-align: justify;">Bajaj Finance has raised Rs 395.01 crore through the allotment of 39,500 Secured Redeemable Non-Convertible Debentures (NCDs), at face value of Rs 1 Lakh each, on private placement basis. The Debenture Allotment Committee of the company has at its meeting held on March 22, 2024, allotted the same. </p><p style="text-align: justify;">Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.</p><div style="text-align: justify;"><br></div> |
| 18-Mar-2024 | Bajaj Finance raises Rs 504.49 crore via NCDs | <p style="text-align: justify;">Bajaj Finance has raised Rs 504.49 crore through the allotment of 50,000 Secured Redeemable Non-Convertible Debentures (NCDs), at the face value of Rs 1 lakh each. Objects of this issue including green shoe option, if any, is to augment the long-term resources of the company. The funds raised through this issue will be utilized for general business purpose of the company including various financing activities, to repay its existing loans, investments for liquidity and statutory requirements, capital expenditure and working capital requirements. The Debenture Allotment Committee of the Company has at its meeting held on March 18, 2024, allotted the same. </p><p style="text-align: justify;">Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.</p><div style="text-align: justify;"><br></div> |
| 18-Mar-2024 | Bajaj Finance gains on raising Rs 504.49 crore via NCDs | <p style="text-align: justify;">Bajaj Finance is currently trading at Rs. 6538.50, up by 25.30 points or 0.39% from its previous closing of Rs. 6513.20 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 6527.35 and has touched a high and low of Rs. 6557.05 and Rs. 6458.00 respectively. So far 39188 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8190.00 on 06-Oct-2023 and a 52 week low of Rs. 5487.25 on 20-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 6578.70 and Rs. 6300.65 respectively. The current market cap of the company is Rs. 404672.73 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 54.78%, while Institutions and Non-Institutions held 35.00% and 10.22% respectively.</p><p style="text-align: justify;">Bajaj Finance has raised Rs 504.49 crore through the allotment of 50,000 Secured Redeemable Non-Convertible Debentures (NCDs), at the face value of Rs 1 lakh each. Objects of this issue including green shoe option, if any, is to augment the long-term resources of the company. The funds raised through this issue will be utilized for general business purpose of the company including various financing activities, to repay its existing loans, investments for liquidity and statutory requirements, capital expenditure and working capital requirements. The Debenture Allotment Committee of the Company has at its meeting held on March 18, 2024, allotted the same. </p><p style="text-align: justify;">Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.</p> |
| 18-Mar-2024 | Bajaj Finance informs about issue of securities | <div style="text-align: justify;">Bajaj Finance has informed that the Debenture Allotment Committee of the Company has at its meeting held today 18 March 2024, allotted 50,000 Secured Redeemable Non-Convertible Debentures (‘NCD'), at the face value of Rs 1 Lakh each, aggregating to Rs. 504.49 Crore as per the details enclosed.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 02-Mar-2024 | Bajaj Finance informs about analyst meet | <p style="text-align: justify;">Pursuant to Regulation 30 read with Schedule Ill of SEBI Listing Regulations, 2015, Bajaj Finance has informed that the analyst/ institutional investor meeting is scheduled on Tuesday, 12 March 2024 in Pune. The discussions will be pertaining to publicly available information only. </p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 20-Feb-2024 | Bajaj Finance raises Rs 4,280.04 crore via NCDs | <p style="text-align: justify;">Bajaj Finance has raised Rs 4,280.04 crore through the allotment of 4,28,000 Secured Redeemable Non-Convertible Debentures (NCDs), at the face value of Rs 1 lakh each and in case of re-issuance at the face value of Rs 10 lakh. The Debenture Allotment Committee of the Company has at its meeting held on February 20, 2024, allotted the same. </p><p style="text-align: justify;">Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.</p><div style="text-align: justify;"><br></div> |
