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    • Bajaj Finance Share Price

    Large Cap
    ₹6,930.35
    + 86.65 (1.27%)
    06 November, 2024 02:31 BSE: 500034 NSE: BAJFINANCE ISIN: INE296A01024

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    Bajaj Finance Performance

    Day Range

    • Low 6,712
    • High 7,015
    ₹ 6,930

    52 Week Range

    • Low 6,188
    • High 7,830
    ₹ 6,930
    • Open Price6,845
    • Previous Close6,844
    • Volume1223430

    Bajaj Finance Chart

    • Over 1 Month -3.9%
    • Over 3 Month + 3.05%
    • Over 6 Month -0.02%
    • Over 1 Year -6.49%

    Bajaj Finance Key Statistics

    P/E Ratio 27.9
    PEG Ratio 1.6
    Market Cap Cr 428,986
    Price to Book Ratio 5.6
    EPS 204.4
    Dividend 0.5
    Relative Strength Index 44.73
    Money Flow Index 44.58
    MACD Signal -100.65
    Average True Range 182.41

    Bajaj Finance F&O

    Bajaj Finance Futures Bajaj Finance Option Chain

    Bajaj Finance Investment Rating

    • Master Rating:

    • 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 below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 33 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 117 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.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Bajaj Finance Financials
    IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 14,48713,38612,48711,85311,17510,4429,455
    Operating Expenses Qtr Cr 3,2023,0652,8812,7852,6642,5162,349
    Operating Profit Qtr Cr 9,3828,9878,6028,0687,6857,1596,565
    Depreciation Qtr Cr 196186179162145143123
    Interest Qtr Cr 4,5444,2023,8613,6183,3513,0132,614
    Tax Qtr Cr 1,5771,2011,1651,1141,0851,045992
    Net Profit Qtr Cr 5,6143,4023,4023,1773,1062,9592,837
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 46,94635,687
    Operating Expenses Annual Cr 15,42012,076
    Operating Profit Annual in Cr 31,51823,605
    Depreciation Cr 629444
    Interest Annual Cr 13,8439,285
    Tax Annual Cr 4,4093,592
    Net Profit Annual Cr 12,64410,290
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr -54,338-27,331
    Cash from Investing Activity Annual Cr -7,763-12,372
    Cash from Financing Annual Activity Cr 64,77438,021
    Net Cash Flow Annual Cr 2,674-1,682
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 72,01151,493
    Fixed Assets Annual Cr 3,1032,226
    Total Non Current Assets Annual Cr 4,4223,438
    Total Current Assets Annual Cr 292,193213,087
    Total Assets Annual Cr 296,614216,525
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 1,165852
    ROE Annual % 1820
    ROCE Annual % 1414
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 6766
    IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 16,73715,74914,64213,90313,14112,27311,095
    Operating Expenses Qtr Cr 3,4293,2713,1102,9802,8512,6982,518
    Operating Profit Qtr Cr 11,75211,14310,5069,9339,4508,8047,982
    Depreciation Qtr Cr 210200193176159156134
    Interest Qtr Cr 6,1495,6845,2174,8684,5374,1033,592
    Tax Qtr Cr 1,3881,3531,2811,2571,2071,1141,103
    Net Profit Qtr Cr 4,0003,9123,8253,6393,5513,4373,158
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 54,98341,406
    Operating Expenses Annual Cr 16,27312,834
    Operating Profit Annual in Cr 38,69728,563
    Depreciation Cr 683485
    Interest Annual Cr 18,72512,560
    Tax Annual Cr 4,8584,020
    Net Profit Annual Cr 14,45111,508
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr -72,760-42,140
    Cash from Investing Activity Annual Cr -7,171-10,365
    Cash from Financing Annual Activity Cr 82,41550,675
    Net Cash Flow Annual Cr 2,484-1,831
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 76,69554,372
    Fixed Assets Annual Cr 3,2902,384
    Total Non Current Assets Annual Cr 4,7503,635
    Total Current Assets Annual Cr 370,991271,594
    Total Assets Annual Cr 375,742275,229
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 1,241900
    ROE Annual % 1921
    ROCE Annual % 1515
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 7069
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    Bajaj Finance Technicals

    EMA & SMA

    Current Price
    ₹6,930.35
    + 86.65 (1.27%)
    pointer
    • Bullish Moving Average
    • ___
    • 2
    • Bearish Moving Average
    • ___
    • 14
    • 20 Day
    • ₹7,008.21
    • 50 Day
    • ₹7,092.81
    • 100 Day
    • ₹7,075.02
    • 200 Day
    • ₹7,049.87
    • 20 Day
    • ₹6,989.26
    • 50 Day
    • ₹7,235.00
    • 100 Day
    • ₹7,072.03
    • 200 Day
    • ₹6,955.30

    Bajaj Finance Resistance and Support

    PIVOT
    ₹6,885.77
    Resistance
    First Resistance 7,059.53
    Second Resistance 7,188.72
    Third Resistance 7,362.48
    RSI 44.73
    MFI 44.58
    MACD Single Line -100.65
    MACD -97.85
    Support
    First Support 6,756.58
    Second Support 6,582.82
    Third Supoort 6,453.63

    Bajaj Finance Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 1,281,654 50,663,783 39.53
    Week 690,671 32,875,930 47.6
    1 Month 1,045,311 48,784,650 46.67
    6 Month 1,186,203 57,578,312 48.54

    Bajaj Finance Result Highlights

    Bajaj Finance Synopsis

    NSE-Finance-Consumer Loans

    Bajaj Finance Ltd. (BFL), is a premier Non-Banking Financial Company (NBFC-D) in India, operating under the Bajaj Finserv umbrella. The company offers a wide array of financial services, including consumer finance, SME finance, commercial lending, and investment options. BFL's diversified portfolio serves over 69.14 million customers across urban and rural India, backed by top-tier credit ratings and a strong international presence. Known for innovative products like durable finance, digital product finance, and co-branded credit cards, BFL continues to set industry benchmarks with its extensive network and commitment to customer-centric solutions.
    Market Cap 423,622
    Sales 53,071
    Shares in Float 27.85
    No of funds 1185
    Yield 0.52
    Book Value 5.86
    U/D Vol ratio 1.3
    LTDebt / Equity 210
    Alpha -0.12
    Beta 0.9

    Bajaj Finance Shareholding Pattern

    Owner NameSep-24Jun-24Mar-24Dec-23
    Promoters 54.7%54.7%54.69%54.78%
    Mutual Funds 9.5%9.15%9.56%9.83%
    Insurance Companies 4.32%3.85%3.56%2.94%
    Foreign Portfolio Investors 17.73%17.77%17.14%17.56%
    Financial Institutions/ Banks 0.01%
    Individual Investors 7.34%7.75%8.03%7.95%
    Others 6.41%6.77%7.02%6.94%

    Bajaj Finance Management

    Name Designation
    Mr. Sanjiv Bajaj Chairman
    Mr. Rajeev Jain Managing Director
    Mr. Anup Saha Deputy Managing Director
    Dr. Naushad Forbes Director
    Mr. Anami Roy Director
    Mr. Pramit Jhaveri Director
    Dr. Arindam Bhattacharya Director
    Ms. Radhika Haribhakti Director
    Mr. Rajiv Bajaj Director

    Bajaj Finance Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Bajaj Finance Corporate Action

    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

    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.

    Bajaj Finance FAQs

    What is Share Price of Bajaj Finance ?

    Bajaj Finance share price is ₹6,930 As on 06 November, 2024 | 02:17

    What is the Market Cap of Bajaj Finance ?

    The Market Cap of Bajaj Finance is ₹428986.1 Cr As on 06 November, 2024 | 02:17

    What is the P/E ratio of Bajaj Finance ?

    The P/E ratio of Bajaj Finance is 27.9 As on 06 November, 2024 | 02:17

    What is the PB ratio of Bajaj Finance ?

    The PB ratio of Bajaj Finance is 5.6 As on 06 November, 2024 | 02:17

    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 ₹14,889.50.

    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.

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