Bajaj Finserv gains as its arm joins hand with Niva Bupa
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Bajaj Finserv is currently trading at Rs. 1525.05, up by 6.55 points or 0.43% from its previous closing of Rs. 1518.50 on the BSE.
The scrip opened at Rs. 1519.00 and has touched a high and low of Rs. 1536.45 and Rs. 1519.00 respectively. So far 16603 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1846.00 on 13-Sep-2022 and a 52 week low of Rs. 1077.70 on 01-Jul-2022.
Last one week high and low of the scrip stood at Rs. 1535.00 and Rs. 1483.80 respectively. The current market cap of the company is Rs. 243047.71 crore.
The promoters holding in the company stood at 60.78%, while Institutions and Non-Institutions held 14.13% and 25.09% respectively.
Bajaj Finserv’s subsidiary -- Bajaj Markets has joined hands with Niva Bupa, a leading health insurance provider with over 1 crore happy customers and above 10,000 network hospitals. Niva Bupa Health Plus is now available on Bajaj Markets.
The plan offers a sum insured of Rs 1 lakh, at a premium of just Rs 999 (including GST) for a policy tenure of 1 year. This is an affordable plan and Individuals between the ages of 18 and 65 are eligible for it.
Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.
