Bajaj Housing Finance gains on reporting 21% rise in Q2 net profit
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Bajaj Housing Finance is currently trading at Rs. 137.70, up by 1.15 points or 0.84% from its previous closing of Rs. 136.55 on the BSE.
The scrip opened at Rs. 140.70 and has touched a high and low of Rs. 142.30 and Rs. 136.60 respectively. So far 1568751 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. 129.85 on 08-Oct-2024.
Last one week high and low of the scrip stood at Rs. 143.45 and Rs. 135.80 respectively. The current market cap of the company is Rs. 114886.78 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 20.95% rise in its net profit at Rs 545.60 crore for the second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 451.11 crore for the same quarter in the previous year. Total income of the company increased by 26.09% at Rs 2,410.24 crore for Q2FY25 as compared to Rs 1,911.55 crore for the corresponding quarter previous year.
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.
