01-01-1970 12:00 AM | Source: Dion Global Solutions Ltd
Bajaj Finance shares continue to rally; jump over 9 pc
News By Tags | #1334 #572 #870

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Shares of Bajaj Finance continued to rally on Thursday, climbing over 9 percent after the company reported its highest-ever consolidated quarterly net profit for April-June. The stock jumped 9.46 percent to Rs 6,999 on the BSE. At the NSE, it rallied 9.42 percent to Rs 6,999. The stock was the biggest winner on both the BSE Sensex and NSE Nifty during the morning trade. The 30-share BSE benchmark was trading 824.22 points higher at 56,640.54 and the Nifty advanced 232.50 points to 16,874.30.

Shares of Bajaj Finance had on Wednesday risen over 2 percent after the earnings announcement. Bajaj Finance on Wednesday reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter, helped by robust income. The company had reported a net profit of Rs 1,002 crore in the year-ago period. Total income rose 38 percent to Rs 9,283 crore during the quarter as against Rs 6,743 crore in the corresponding period last year.