January, 21 2025 Tuesday 12:40 Hrs
  • SENSEX :   76,307.39

  • Top commodity trading and broking companies in India-766.05( -0.99%) 21-Jan-2025
top-arrow-market
Sensex 76236.7 -836.74  (-1.09) 21-Jan-2025
Previous Day Close
77073.44
Today's High/Low
High Low
  •  
  •  
77337.36 76137.83

Company News Details

Bajaj Finserv Ltd
Industry :  Finance & Investments
BSE Code
ISIN Demat
Book Value()
532978
INE918I01026
51.9999581
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
BAJAJFINSV
178.27
276957.01
EPS(TTM)
Face Value()
Div & Yield %
9.73
1
0.06
 

bajaj finserv ltd
Bajaj Finserv arm gross direct premium slides 7% YoY in Dec’24
Jan 07,2025
Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 1,054.82 crore for the month of December 2024, up 9.70% as against Rs 961.51 crore recorded in the same period a year ago.

Individual non-single premium were at Rs 648.28 crore (up 2.17% YoY) in December 2024. Individual single premium amounted to Rs 39.21 crore (down 18.90% YoY) and Group yearly renewable premium added up to Rs 55.36 crore (down 29.03% YoY) in the month of December 2024. However, Group single premium jumped 55.69% YoY to Rs 311.97 crore during the period under review.

Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. It participates in the financing business through its 52.45% holding in Bajaj Finance and in the protection business through its 74% holding in two unlisted subsidiaries, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company.

The company’s consolidated net profit increased 8.9% to Rs 2,086.97 crore on 29.52% jump in total income to Rs 33,703.74 crore in Q2 FY25 over Q2 FY24.

The scrip shed 0.49% to Rs 1,676.15 on the BSE

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.