Bajaj Finance rises on partnering with ICICI Lombard General Insurance to offer motor insurance policies
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Bajaj Finance is currently trading at Rs. 7128.85, up by 12.45 points or 0.17% from its previous closing of Rs. 7116.40 on the BSE.
The scrip opened at Rs. 7121.05 and has touched a high and low of Rs. 7144.80 and Rs. 7098.00 respectively. So far 3731 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7999.90 on 05-Jul-2023 and a 52 week low of Rs. 5487.25 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 7323.45 and Rs. 7019.70 respectively. The current market cap of the company is Rs. 430377.88 crore.
The promoters holding in the company stood at 55.87%, while Institutions and Non-Institutions held 32.99% and 11.14% respectively.
Bajaj Finance has partnered with ICICI Lombard General Insurance along with other partners to provide car and two-wheeler insurance plans on the platform Bajaj Finance rises on partnering with ICICI Lombard General Insurance to offer motor insurance policies. These policies can be bought instantly on the platform through an all-digital and seamless customer experience journey.
The ICICI Lombard Car and Two-wheeler Insurance policies offer comprehensive damage coverage, including third-party cover and various add-on benefits to vehicle owners. These policies provide extensive coverage against various risks and damages to vehicles.
Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.
