BAJAJ FINSERV LTD.
NSE : BAJAJFINSVBSE : 532978ISIN
CODE : INE918I01026Industry : Finance - InvestmentHouse
: Bajaj
BSE1542.3017 (+1.11 % )
PREV CLOSE (Rs.) 1542.30
OPEN PRICE (Rs.) 1531.75
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 64255
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1543.70 17.5 (+1.15 % )
PREV CLOSE(Rs.) 1543.70
OPEN PRICE (Rs.) 1528.00
BID PRICE (QTY) 1543.70 (410 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1321743
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 12-Sep-2023 | Bajaj Finserv informs about analyst meet | <div>Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bajaj Finserv has informed that it enclosed schedule of the analyst/ institutional investors meeting from 18 September 2023 to 22 September 2023.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 11-Sep-2023 | Bajaj Finserv's arm launches ‘Dynamic Asset Allocation Fund' | <p style="text-align: justify;">Bajaj Finserv's unlisted insurance subsidiary -- Bajaj Allianz Life Insurance Company has launched a unique fund proposition in the ULIP segment ‘Dynamic Asset Allocation Fund'. Bajaj Allianz Life's Dynamic Asset Allocation Fund offers customers the opportunity to allocate between equity and debt, dynamically. The benchmark index is Crisil Dynamic Asset Allocation Index (45% Equity, 45% Debt and 10% Liquid). The NFO period for Dynamic Asset Allocation fund ends on September 25, 2023.</p><p style="text-align: justify;">The asset allocation (between debt and equity) of the fund will be more dynamic/active in nature. It is based on an in-house quantitative model with limited qualitative input from the fund manager and aims to optimize risk-return. This investment strategy will help to minimize volatility and downside risk during market corrections.</p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p><div style="text-align: justify;"><br></div> |
| 11-Sep-2023 | Bajaj Finserv's arm partners with YES Bank | <p style="text-align: justify;">Bajaj Finserv's subsidiary -- Bajaj Markets has partnered with YES Bank to provide individuals with a hassle-free way of opening a Fixed Deposit (FD) account online. A YES Bank FD offers returns of up to 7.75% p.a. to regular investors and up to 8.25% p.a. to senior citizens.</p><p style="text-align: justify;">These rates are in line with the recent revisions in FD rates by YES Bank, with effect from May 2, 2023, and are applicable on FDs booked for a duration of 18-36 months. Investors can start their savings journey with Rs 10,000 and choose to receive their interest earnings on a monthly or quarterly basis, or at maturity.</p><p style="text-align: justify;">To book a YES BANK FD, investors can simply visit the website or download the Bajaj Markets app. The platform also helps individuals create a diversified investment portfolio with other avenues to grow wealth as well.</p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p><div style="text-align: justify;"><br></div> |
| 11-Sep-2023 | Bajaj Finserv rises after its arm partners with YES Bank | <p style="text-align: justify;">Bajaj Finserv is currently trading at Rs. 1551.10, up by 10.50 points or 0.68% from its previous closing of Rs. 1540.60 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1541.50 and has touched a high and low of Rs. 1551.90 and Rs. 1540.50 respectively. So far 29630 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1846.00 on 13-Sep-2022 and a 52 week low of Rs. 1216.10 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1558.15 and Rs. 1504.30 respectively. The current market cap of the company is Rs. 247500.20 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 60.79%, while Institutions and Non-Institutions held 14.46% and 24.75% respectively.</p><p style="text-align: justify;">Bajaj Finserv's subsidiary -- Bajaj Markets has partnered with YES Bank to provide individuals with a hassle-free way of opening a Fixed Deposit (FD) account online. A YES Bank FD offers returns of up to 7.75% p.a. to regular investors and up to 8.25% p.a. to senior citizens.</p><p style="text-align: justify;">These rates are in line with the recent revisions in FD rates by YES Bank, with effect from May 2, 2023, and are applicable on FDs booked for a duration of 18-36 months. Investors can start their savings journey with Rs 10,000 and choose to receive their interest earnings on a monthly or quarterly basis, or at maturity.</p><p style="text-align: justify;">To book a YES BANK FD, investors can simply visit the website or download the Bajaj Markets app. The platform also helps individuals create a diversified investment portfolio with other avenues to grow wealth as well.</p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p><div style="text-align: justify;"><br></div> |
| 08-Sep-2023 | Bajaj Finserv's arm reports gross direct premium underwritten of Rs 1,677.87 crore in August | <p style="text-align: justify;">Bajaj Finserv's unlisted insurance subsidiary -- Bajaj Allianz General Insurance Company has reported gross direct premium underwritten of Rs 1,677.87 crore in the month of August 2023. Besides, gross direct premium underwritten up-to-the month of August 2023 stood at Rs 9,228.81 crore. </p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p><div style="text-align: justify;"><br></div> |
| 08-Sep-2023 | Bajaj Finserv gains as its arm reports gross direct premium underwritten of Rs 1,677.87 crore in August | <p style="text-align: justify;">Bajaj Finserv is currently trading at Rs. 1544.75, up by 25.45 points or 1.68% from its previous closing of Rs. 1519.30 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1525.05 and has touched a high and low of Rs. 1558.15 and Rs. 1525.05 respectively. So far 36104 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1846.00 on 13-Sep-2022 and a 52 week low of Rs. 1216.10 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1558.15 and Rs. 1488.25 respectively. The current market cap of the company is Rs. 246678.53 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 60.79%, while Institutions and Non-Institutions held 14.46% and 24.75% respectively.</p><p style="text-align: justify;">Bajaj Finserv's unlisted insurance subsidiary -- Bajaj Allianz General Insurance Company has reported gross direct premium underwritten of Rs 1,677.87 crore in the month of August 2023. Besides, gross direct premium underwritten up-to-the month of August 2023 stood at Rs 9,228.81 crore. </p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p> |
| 07-Sep-2023 | Bajaj Finserv's arm reports individual non-single premium of Rs 479.33 crore in August | <p style="text-align: justify;">Bajaj Finserv's unlisted insurance subsidiary -- Bajaj Allianz Life Insurance Company has reported Individual non-single premium of Rs 479.33 crore in the month of August 2023. The company's Group single premium stood at Rs 366.85 crore in the same month. The company has reported Individual single premium and Group yearly renewable premium of Rs 57.62 crore and Rs 22.61 crore respectively during same month.</p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p> |
| 02-Sep-2023 | Bajaj Finserv's arm partners with AU Small Finance Bank | <p style="text-align: justify;">Bajaj Finserv's subsidiary -- Bajaj Markets has partnered with AU Small Finance Bank (AUSFB) to provide an avenue for booking AU Fixed Deposits (FDs) online. Individuals now have the opportunity to earn interest rates of up to 8.50% per annum through AU Fixed Deposits. The same is available for senior citizens on FD tenor of 24 months 1 day to 36 months.</p><p style="text-align: justify;">AU Small Finance Bank recently implemented an upward revision of its fixed deposit interest rates, which were made effective for FDs booked from August 16, 2023. Individuals can seamlessly leverage the updated interest rates while having complete peace of mind regarding the security of their funds. </p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p> |
| 14-Aug-2023 | Bajaj Finserv's arm launches Flexi Cap Fund | <p style="text-align: justify;">Bajaj Finserv's wholly owned subsidiary -- Bajaj Finserv Asset Management has launched the Bajaj Finserv Flexi Cap Fund, an equity scheme with innovative investment strategy. This approach revolves around ‘megatrends', focusing on long-lasting trends that affect businesses and economies. Just like the name suggests, flexi cap funds adapt to shifts in various industries and markets. </p><p style="text-align: justify;">Backed by one of India's most respected and oldest brands, Bajaj Finserv Asset Management offers a host of innovative products and solutions to every Indian. With a future-focused and differentiated investment strategy, its ambition is to help every Indian achieve his/her financial goals.</p><p style="text-align: justify;">Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.</p><div style="text-align: justify;"><br></div> |
| 05-Aug-2023 | Bajaj Finserv informs about disclosure | <p style="text-align: justify;">Bajaj Finserv has informed it enclosed that information pertaining to the unlisted insurance subsidiary of the Company, Bajaj Allianz General Insurance Company that the subsidiary has submitted to the Insurance Regulatory and Development Authority of India (IRDAI) and the General Insurance Council.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
