BAJFINANCE

Bajaj Finance Share Price

₹6,848.25 -70.3 (-1.02%)

22 Dec, 2024 22:11

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Performance

  • Low
  • ₹6,805
  • High
  • ₹7,024
  • 52 Week Low
  • ₹6,188
  • 52 Week High
  • ₹7,830
  • Open Price₹6,913
  • Previous Close₹6,919
  • Volume2,700,019

Investment Returns

  • Over 1 Month + 5.92%
  • Over 3 Month -9.68%
  • Over 6 Month -4.01%
  • Over 1 Year -7.04%
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Bajaj Finance Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 27.6
  • PEG Ratio
  • 1.6
  • Market Cap Cr
  • 423,904
  • P/B Ratio
  • 5.5
  • Average True Range
  • 158.78
  • EPS
  • 248.39
  • Dividend Yield
  • 0.5
  • MACD Signal
  • 47.69
  • RSI
  • 46.94
  • MFI
  • 68.35

Bajaj Finance Financials

Bajaj Finance Technicals

EMA & SMA

Current Price
₹6,848.25
-70.3 (-1.02%)
pointer
  • stock-down_img
  • Bullish Moving Average 1
  • stock-up_img
  • Bearish Moving Average 15
  • 20 Day
  • ₹6,924.48
  • 50 Day
  • ₹6,921.58
  • 100 Day
  • ₹6,960.62
  • 200 Day
  • ₹6,987.47

Resistance and Support

6892.32 Pivot Speed
  • R3 7,199.23
  • R2 7,111.62
  • R1 6,979.93
  • S1 6,760.63
  • S2 6,673.02
  • S3 6,541.33

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Bajaj Finance Ltd., a subsidiary of Bajaj Finserv, is a leading Non-Banking Financial Company (NBFC-D) in India, offering a diverse range of lending and deposit services across retail, SME, and commercial segments with a strong presence in urban and rural India.

Bajaj Finance has an operating revenue of Rs. 62,276.24 Cr. on a trailing 12-month basis. An annual revenue growth of 33% is outstanding, Pre-tax margin of 35% is great, ROE of 18% is exceptional. The stock from a technical standpoint is trading close to its key moving averages, around 0% and 0% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 15% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 82 which is a GOOD score indicating consistency in earnings, a RS Rating of 24 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 131 indicates it belongs to a poor industry group of Finance-Consumer Loans and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Bajaj Finance Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-22 Quarterly Results
2024-07-23 Quarterly Results
2024-04-25 Audited Results & Final Dividend
2024-01-29 Quarterly Results & Others
2023-11-01 Issue of Warrants
Date Purpose Remarks
2024-06-21 FINAL Rs.36.00 per share(1800%)Final Dividend
2023-06-30 FINAL Rs.30.00 per share(1500%)Final Dividend
2022-07-01 FINAL Rs.20.00 per share(1000%)Dividend

Bajaj Finance F&O

Bajaj Finance Shareholding Pattern

54.7%
9.5%
4.32%
17.73%
0%
7.34%
6.41%

About Bajaj Finance

Bajaj Finance Limited (BFL) is a subsidiary of Bajaj FinServ, an Indian non-banking financial company headquartered in Pune. Rahul Bajaj founded it, and it is a deposit-taking company registered with RBI. It is in the business of lending and accepting deposits. BFL caters to different sectors like auto, retail, SMEs etc. It accepts public and corporate deposits and offers a variety of financial services products to its customers. 

It focuses mainly on the following categories:

1. Consumer finance (finance required for lifestyle and digital products)
2. Digital products finance
3. EMI card & retail EMI
4. 2&3 wheeler finance
5. Personal loan and loan against FD
6. Gold and home loan
7. E-Commerce with Co-Branded credit card 

Its operations are spread across nine product lines, Bajaj Finance Ltd is focused on consumer, SME and commercial lines of business. BFL has a wide distribution network, as it is present in 1997 locations with 102600+ active points of sale.

The 32 year old NBFC is focused on affluent clients with a strategy to cross sell. It focuses on deposits acceptance and fee product distribution, the company is present in 944 urban locations and 951 rural locations in India with over more than 97,000 distribution points. It enjoys a large customer franchise of 38.70 MM with loans cross sell franchise of 22.78 MM.

On March 25th, 1987, a non-banking financial company with the main motive of financing two or three-wheelers was originally incorporated as Bajaj Auto Finance Limited. After successfully sustaining the competitive market for 11 years, BAFL launched its public issue of equity shares and was listed on NSE and BSE. Later it ventured into consumer durables finance and diversified its operations to business and property loans.

On 5th March 1998, it registered as a deemed public company in RBI as a Non-Bank Company. They kept opening their branches both in urban and rural settings of India. Later in 2004-2005, they opened Loan shops aspiring to enhance their direct marketing and create their brand awareness. Within a couple of years, they had around 113 branches all across the country. In 2010, the name was changed from BAFL to BFL, Bajaj finance limited. 

Further, they had an alliance with One Mobikwik Systems Private Limited which aided their business and strengthened their operations.

In 2017, it featured amongst the top 18 best employers in India 2017 by Aon Hewitt. It was also awarded as India’s leading NBFC, Non-Banking Financial Company and The Mint Corporate Strategy Award for excellence in corporate governance.

Presently the company has 294 consumer branches and 497 rural locations with more than 33000+ distribution points.

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  • NSE Symbol
  • BAJFINANCE
  • BSE Symbol
  • 500034
  • Managing Director
  • Mr. Rajeev Jain
  • ISIN
  • INE296A01024

Similar Stocks to Bajaj Finance

Bajaj Finance FAQs

Bajaj Finance share price is ₹6,848 As on 22 December, 2024 | 21:57

The Market Cap of Bajaj Finance is ₹423904.1 Cr As on 22 December, 2024 | 21:57

The P/E ratio of Bajaj Finance is 27.6 As on 22 December, 2024 | 21:57

The PB ratio of Bajaj Finance is 5.5 As on 22 December, 2024 | 21:57

Bajaj Group is the owner of Bajaj Finance.

Bajaj Finance is classified as an NBFC-Investment and Credit Company by the RBI (NBFC-ICC). The Reserve Bank of India (RBI) classified the company as an Asset Finance Company. The company is in the lending and deposit-taking business. It has a diverse lending portfolio that includes retail, small and medium-sized enterprises, and commercial customers, and it has a strong presence in both urban and rural India.

Bajaj Finance offers Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home Loans, Credit Cards, Two-wheeler, and Three-wheeler Loans, Construction Equipment Loans, Loan against Securities, and Rural Finance, which includes Gold Loans and Vehicle Refinancing Loans, as well as Fixed Deposits and Advisory Services, are some of the products offered by Bajaj Finance.

Bajaj Finance was established on 30 April 2007.

Bajaj Finance IPO opened on Aug 2, 2010, in the price range of INR 630 to INR 660 per equity share.

Anyone who desires to buy Bajaj Finance shares can easily do so by opening a Demat account and completing your KYC formality online and offline.

With a 5-year investment, the revenue is expected to be around +103.17%, and long term, we can take it above ₹14,889.50.

Bajaj Finance Limited is a deposit-taking Non-Banking Financial Company registered with the RBI. The company has a differentiated advancing portfolio across retail, SMEs and commercial customers with a noteworthy existence in urban and rural India.

Bajaj Finance, the subsidiary of Bajaj Finserv, an Indian non-banking financial company headquartered in Pune, was founded by Rahul Bajaj.

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