Bajaj Finance
Bajaj Finance Performance
Day Range
- Low 7114.05
- High 7168.6
52 Week Range
- Low 5485.7
- High 8192
- Open Price7134
- Previous Close7127.55
- Volume682430
Start SIP in Bajaj Finance
Start SIPBajaj Finance Investment Rating
-
Master Rating:
-
Bajaj Finance has an operating revenue of Rs. 48,019.96 Cr. on a trailing 12-month basis. An annual revenue growth of 31% is outstanding, Pre-tax margin of 38% is great, ROE of 21% is exceptional. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -10% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 92 which is a GREAT score indicating consistency in earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D- which indicates heavy supply, Group Rank of 125 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.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 11,175 | 10,442 | 9,455 | 8,954 | 8,327 | 7,843 | 7,337 |
Operating Expenses Qtr Cr | 2,664 | 2,516 | 2,349 | 2,299 | 2,246 | 2,114 | 1,853 |
Operating Profit Qtr Cr | 7,685 | 7,159 | 6,565 | 6,103 | 5,651 | 5,283 | 5,100 |
Depreciation Qtr Cr | 145 | 143 | 123 | 108 | 111 | 102 | 96 |
Interest Qtr Cr | 3,351 | 3,013 | 2,614 | 2,456 | 2,209 | 2,006 | 1,948 |
Tax Qtr Cr | 1,085 | 1,045 | 992 | 916 | 863 | 820 | 792 |
Net Profit Qtr Cr | 3,106 | 2,959 | 2,837 | 2,624 | 2,472 | 2,356 | 2,268 |
Bajaj Finance Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 3
- Bearish Moving Average
- ___
- 13
- 20 Day
- ₹7299.33
- 50 Day
- ₹7435.66
- 100 Day
- ₹7360.17
- 200 Day
- ₹7137.52
- 20 Day
- ₹7316.09
- 50 Day
- ₹7601.63
- 100 Day
- ₹7460.37
- 200 Day
- ₹6939.81
Bajaj Finance Resistance and Support
Resistance | |
---|---|
First Resistance | ₹7165.07 |
Second Resistance | ₹7202.59 |
Third Resistance | ₹7270.17 |
RSI | 38.62 |
MFI | 12.82 |
MACD Single Line | -130.88 |
MACD | -151.31 |
Support | |
---|---|
First Resistance | ₹7059.97 |
Second Resistance | ₹6992.39 |
Third Resistance | ₹6954.87 |
Bajaj Finance Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 763,366 | 40,580,537 | 53.16 |
Week | 803,154 | 40,647,624 | 50.61 |
1 Month | 1,199,517 | 54,614,016 | 45.53 |
6 Month | 1,013,946 | 44,796,134 | 44.18 |
Bajaj Finance Result Highlights
Bajaj Finance Synopsis
NSE-Finance-Consumer Loans
Bajaj Finance L is involved in the business activities of Financial service activities, except insurance and pension funding. Company’s Total Operating Revenue is Rs. 35681.20 Cr. and Equity Capital is Rs. 120.89 Cr. for the Year ended 31/03/2023. Bajaj Finance Ltd. is a Public Limited Listed company incorporated on 25/03/1987 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65910MH1987PLC042961 and registration number is 042961.Market Cap | 440,395 |
Sales | 41,002 |
Shares in Float | 27.81 |
No of funds | 1182 |
Yield | 0.42 |
Book Value | 8.37 |
U/D Vol ratio | 0.7 |
LTDebt / Equity | 221 |
Alpha | -0.01 |
Beta | 0.94 |
Bajaj Finance
Owner Name | Nov-23 | Sep-23 | Jun-23 | Mar-23 |
---|---|---|---|---|
Promoters | 54.78% | 55.87% | 55.87% | 55.91% |
Mutual Funds | 9.49% | 9.1% | 9.15% | 9.26% |
Insurance Companies | 2.94% | 2.87% | 2.59% | 2.64% |
Foreign Portfolio Investors | 17.97% | 17.01% | 16.68% | 15.7% |
Financial Institutions/ Banks | 0.01% | 0.03% | 0.03% | |
Individual Investors | 7.95% | 8.21% | 8.68% | 9.35% |
Others | 6.86% | 6.94% | 7% | 7.11% |
Bajaj Finance Management
Name | Designation |
---|---|
Mr. Sanjiv Bajaj | Chairman |
Mr. Rajeev Jain | Managing Director |
Mr. Anup Saha | Executive Director |
Mr. Rakesh Bhatt | Executive Director |
Dr. Naushad Forbes | Director |
Mr. Anami Roy | Director |
Mr. Pramit Jhaveri | Director |
Ms. Radhika Haribhakti | Director |
Mr. Rajiv Bajaj | Director |
Mr. D J Balaji Rao | Director |
Dr. Arindam Bhattacharya | Director |
Bajaj Finance Forecast
Price Estimates
Bajaj Finance Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-01 | Issue of Warrants | |
2023-10-17 | Quarterly Results | |
2023-07-26 | Quarterly Results | |
2023-04-26 | Audited Results & Final Dividend | |
2023-01-27 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2023-06-30 | FINAL | Rs.30.00 per share(1500%)Final Dividend |
2022-07-01 | FINAL | Rs.20.00 per share(1000%)Dividend |
About Bajaj Finance
Bajaj Finance FAQs
What is Share Price of Bajaj Finance ?
Bajaj Finance share price is ₹7130 As on 29 November, 2023 | 17:21
What is the Market Cap of Bajaj Finance ?
The Market Cap of Bajaj Finance is ₹440656.7 Cr As on 29 November, 2023 | 17:21
What is the P/E ratio of Bajaj Finance ?
The P/E ratio of Bajaj Finance is 33.6 As on 29 November, 2023 | 17:21
What is the PB ratio of Bajaj Finance ?
The PB ratio of Bajaj Finance is 8.1 As on 29 November, 2023 | 17:21
Who owns Bajaj Finance?
Bajaj Group is the owner of Bajaj Finance.
What does Bajaj Finance do?
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.
What are the products of Bajaj Finance?
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.
When was Bajaj Finance established?
Bajaj Finance was established on 30 April 2007.
What was Bajaj Finance IPO opening date and price?
Bajaj Finance IPO opened on Aug 2, 2010, in the price range of INR 630 to INR 660 per equity share.
How to buy Bajaj Finance shares?
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.
What is the Future for Bajaj Finance share?
With a 5-year investment, the revenue is expected to be around +103.17%, and long term, we can take it above INR 14889.50.
What type of company is Bajaj Finance?
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.
Who is the founder of Bajaj Finance?
Bajaj Finance, the subsidiary of Bajaj Finserv, an Indian non-banking financial company headquartered in Pune, was founded by Rahul Bajaj.