What is happening with Bajaj Finserv?
In the reporting quarter, consolidated total income of the company rose 25 percent on-year to Rs 26,023 crore, from Rs 20,803 crore in a year ago peri Bajaj Finance has gained 32 percent in the past six months, outperforming the Nifty Finance Services as well as the benchmark Nifty.
What is the business model of Bajaj Finance?
BFL is engaged in the business of lending and acceptance of deposits.
It has a diversified lending portfolio across retail, SMEs and commercial customers, with a significant presence in both urban and rural India..
What is the business of Bajaj Finance?
Its suite of financial solutions includes savings products, consumer and commercial loans, mortgages, auto financing, securities brokerage services, general and life insurance and investments..
What is the future outlook for Bajaj Finance?
Future criteria checks 6/6.
Bajaj Finance is forecast to grow earnings and revenue by 23.7% and 27% per annum respectively.
EPS is expected to grow by 23.5% per annum.
Return on equity is forecast to be 23.7% in 3 years..
What is the main business of Bajaj Finance?
BFL is engaged in the business of lending and acceptance of deposits..
What is the news of Bajaj Finance?
RBI imposes Rs 8.50 lakh penalty on Bajaj Finance for rule violations.
RBI imposed monetary penalty on Bajaj Finance for non-compliance with the 'Monitoring of Frauds in NBFCs issued by it..
What is the reason for fall of Bajaj Finserv?
Stocks like Bajaj Finance and Bajaj Finserv are overcrowded ( held by most of the investors) , very expensive and lot of F&O positions.
So the stock declined heavily as weak bulls/opportunists shorting the stock in F&O unloaded/shorted the stock .
Stock accumulating the stock slowly below ₹.
- K
What is the result of Bajaj Finance in 2023?
Bajaj Finserv on Friday reported a consolidated net profit of Rs 1,929 crore for the quarter ended September 2023, up 24% from a year ago.
Revenue from operations in the same period increased 25% to Rs 26,023 crore.
The same stood at Rs 20,803 crore in the same period of last year..
Why Bajaj Finance is rising?
Bajaj Finance gains nearly 2% after NBFC gives the nod to Rs 10,000 crore fundraising plan..
- Bajaj Finance is forecast to grow earnings and revenue by 23.7% and 27% per annum respectively.
EPS is expected to grow by 23.5% per annum.
Return on equity is forecast to be 23.7% in 3 years. - Bajaj Finance Limited's policy is to comply with all applicable laws and regulations while ethically conducting business and act with absolute integrity in dealing with our employees, customers, partners and stakeholders.
- Future criteria checks 6/6.
Bajaj Finance is forecast to grow earnings and revenue by 23.7% and 27% per annum respectively.
EPS is expected to grow by 23.5% per annum.
Return on equity is forecast to be 23.7% in 3 years. - The stock is expected to cross Rs 8,500 by 2023, Rs 10,100 by 2025, Rs 18,000 by 2030, Rs 30,000 by 2035, and Rs 45,000 by 2040.
