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01-01-1970 12:00 AM | Source: Accord Fintech
Bajaj Finserv jumps on launching new comprehensive family assistance programme for employees
News By Tags | #2224 #572

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Bajaj Finserv is currently trading at Rs. 11476.00, up by 228.45 points or 2.03% from its previous closing of Rs. 11247.55 on the BSE.

 

The scrip opened at Rs. 11398.00 and has touched a high and low of Rs. 11580.00 and Rs. 11302.25 respectively. So far 8173 shares were traded on the counter.

 

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 11,580.00 on 18-May-2021 and a 52 week low of Rs. 3985.60 on 27-May-2020.

 

Last one week high and low of the scrip stood at Rs. 11,580.00 and Rs. 10870.15 respectively. The current market cap of the company is Rs. 182447.90 crore.

 

The promoters holding in the company stood at 60.80%, while Institutions and Non-Institutions held 15.16% and 24.05% respectively.

 

Bajaj Finserv has launched new comprehensive family assistance programme to extend support and financial assistance to families of employees who have passed away due to the COVID pandemic. This programme -- Together as One -- aims to support their children's education till graduation, provide financial assistance to such families as well as extended medical insurance coverage.

 

The initiative is being rolled out across Bajaj Finserv and its companies -- Bajaj Finance, Bajaj Allianz Life Insurance, Bajaj Allianz General Insurance, Bajaj Housing Finance, Bajaj Finserv Health, Bajaj Financial Securities, Bajaj Finserv Markets and Bajaj Holdings & Investment. It will be effective retrospectively from April 1, 2020.

 

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.