January, 21 2025 Tuesday 16:07 Hrs
  • SENSEX :   75,838.36

  • Top commodity trading and broking companies in India-1,235.08( -1.60%) 21-Jan-2025
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Sensex 75838.36 -1235.08  (-1.60) 21-Jan-2025
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Company News Details

Bajaj Finance Ltd
Industry :  Finance & Investments
BSE Code
ISIN Demat
Book Value()
500034
INE296A01024
1279.645089
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
BAJFINANCE
33.83
460391
EPS(TTM)
Face Value()
Div & Yield %
219.85
2
0.48
 

bajaj finance ltd
Bajaj Finance soars as brokerage reiterates buy rating
Jan 02,2025
The brokerage reiterated its 'Buy' rating on the stock with a price target of Rs 8,150.

The brokerage cited expectations of stable loan growth and a positive outlook for net interest margins (NIMs), projecting a 3-5 basis point (bps) improvement. However, the report emphasized that updates on the company's ongoing management transition will be crucial in assessing its long-term prospects.  

Bajaj Finance is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits and value-added services.

Bajaj Finance's consolidated net profit jumped 13.03% to Rs 4,013.74 crore on 27.72% rise in total income to Rs 17,095.41 crore in Q2 FY25 over Q2 FY24.

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