Bajaj Housing Finance falls despite reporting 26% growth in AUM during Q3FY25
Bajaj Housing Finance is currently trading at Rs. 123.30, down by 2.80 points or 2.22% from its previous closing of Rs. 126.10 on the BSE.
The scrip opened at Rs. 127.40 and has touched a high and low of Rs. 128.20 and Rs. 123.00 respectively. So far 2199501 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 188.45 on 18-Sep-2024 and a 52 week low of Rs. 123.00 on 06-Jan-2024.
Last one week high and low of the scrip stood at Rs. 129.80 and Rs. 123.00 respectively. The current market cap of the company is Rs. 102686.05 crore.
The promoters holding in the company stood at 88.75%, while Institutions and Non-Institutions held 3.62% and 7.64% respectively.
Bajaj Housing Finance has reported 26% rise in Assets under management (AUM) to around Rs 1,08,300 crore as of December 31, 2024 (Q3FY25) as compared to Rs 85,929 crore as of December 31, 2023. AUM in Q3 FY25 grew by around Rs 5,730 crore. (provisional)
The company’s Loan Assets stood at around Rs 95,550 crore as of December 31, 2024 as compared to Rs 73,197 crore as of December 31, 2023. (provisional)
Bajaj Housing Finance is a non-deposit taking Housing Finance Company registered with the National Housing Bank, offering tailored financial solutions for purchasing and renovating residential and commercial properties.