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Buy Bajaj Finance Ltd For Target Rs. 8,800 - Motilal Oswal Financial Services Bajaj Finance (BAF)’s FY23 Annual Report provides insights into the company’s business construct and the different elements of its Long Range Strategy, including its ambition, approach, philosophy, market share, and profit share. The company plans to execute this strategy by increasing business agility, establishing a more efficient cost structure, and expanding its share of wallet within its customer base. * During the challenging period of COVID-19, BAF seized the opportunity...
Buy Bajaj Finance Ltd For Target Rs. 8,800 - Motilal Oswal Financial Services
Buy Bajaj Finance Ltd For Target Rs. 8,800 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
7/09/2023 2:29:29 PM
Poor monsoon becoming major worry for Indian markets The poor monsoon is becoming a major worry and unless the rains revive soon, the economy and markets will come under a cloud, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The declining bond yields in the US has turned the global market construct favourable for equities. But this is unlikely to create a highly favourable environment in the Indian market since the poor monsoon is becoming a major worry, he said. It is important to remember that the RBI&...
Poor monsoon becoming major worry for Indian markets
Poor monsoon becoming major worry for Indian markets
Source: Accord Fintech
31/08/2023 12:58:34 PM
Spike in US bond yields impacting capital flows to emerging markets like India  A sharp spike in US bond yields is impacting capital flows to emerging markets like India, says V. K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. There are two dominant factors influencing equity markets now. One, the resilient US economy is supporting global growth and global equity markets; this is a positive. Two, the sharp spike in US bond yields (the 10-year yield at 4.34 per cent is the highest since 2007) is impacting capital flows to emerging mar...
Spike in US bond yields impacting capital flows to emerging markets like India
Spike in US bond yields impacting capital flows to emerging markets like India
Source: IANS
22/08/2023 11:26:29 AM
Bajaj Finance climbs on raising Rs 304.21 crore via NCDs Bajaj Finance is currently trading at Rs. 7042.00, up by 180.30 points or 2.63% from its previous closing of Rs. 6861.70 on the BSE. The scrip opened at Rs. 6835.00 and has touched a high and low of Rs. 7046.00 and Rs. 6805.00 respectively. So far 16060 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 s...
Bajaj Finance climbs on raising Rs 304.21 crore via NCDs
Bajaj Finance climbs on raising Rs 304.21 crore via NCDs
Source: Accord Fintech
21/08/2023 12:36:48 PM
Bajaj Finance Fixed Deposits cross Rs 50,000 crore Bajaj Finance Limited, one of India’s leading and diversified Non-Banking Financial Company, and part of Bajaj Finserv, today said its Fixed Deposits book had crossed a milestone of Rs. 50,000 crore. Bajaj Finance has half a million depositors, with each depositor having placed 2.87 deposits, totalling 1.4 million deposits. Bajaj Finance has the highest credit rating of AAA/Stable for its long-term debt programme from CRISIL, ICRA, CARE and India Ratings, A1+ for its short-te...
Bajaj Finance Fixed Deposits cross Rs 50,000 crore
Bajaj Finance Fixed Deposits cross Rs 50,000 crore
Source: PR Agency
18/08/2023 6:25:18 PM
Stock Picks : NTPC Ltd And Bajaj Finance Ltd. By ICICI Direct NTPC Ltd   Buy NTPC Ltd @215.30-215.80; Target 218.50; Stop Loss 213.80   Bajaj Finance Ltd Sell Bajaj Finance Ltd @ 6987-6991; Target 6920.00; Stop Loss 7036.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the author and not of the website kind...
Stock Picks : NTPC Ltd And Bajaj Finance Ltd. By ICICI Direct
Stock Picks : NTPC Ltd And Bajaj Finance Ltd. By ICICI Direct
Source: ICICI Direct
17/08/2023 10:49:19 AM
Buy Bajaj Finance Ltd For Target Rs. 8,252 - Geojit Financial Services Ltd Record quarter; promising outlook Bajaj Finance Ltd (BFL) is a leading non-banking financial companies (NBFC) in India. It is engaged in lending across retail, SME and commercial customers and accepts public and corporate deposits. * In Q1FY24, net interest income (NII) rose 26.5% YoY to Rs. 8,395cr. PAT increased 32.4% YoY to Rs. 3,437cr, aided by better operating leverage. * The company reported its highest ever quarterly AUM growth of Rs. 22,718cr. * Asset quality was strong, w...
Buy Bajaj Finance Ltd For Target Rs. 8,252 - Geojit Financial Services Ltd
Buy Bajaj Finance Ltd For Target Rs. 8,252 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
12/08/2023 2:41:06 PM
Buy Bajaj Finance Ltd For Target Rs. 7,925 - JM Financial Institutional Securities Record quarter; promising outlook Bajaj Finance Ltd (BFL) is a leading non-banking financial companies (NBFC) in India. It is engaged in lending across retail, SME and commercial customers and accepts public and corporate deposits. * In Q1FY24, net interest income (NII) rose 26.5% YoY to Rs. 8,395cr. PAT increased 32.4% YoY to Rs. 3,437cr, aided by better operating leverage. * The company reported its highest ever quarterly AUM growth of Rs. 22,718cr. * Asset quality was strong, w...
Buy Bajaj Finance Ltd For Target Rs. 7,925 - JM Financial Institutional Securities
Buy Bajaj Finance Ltd For Target Rs. 7,925 - JM Financial Institutional Securities
Source: Geojit Financial Services Ltd
9/08/2023 4:03:01 PM
Bajaj Finance rises on partnering with ICICI Lombard General Insurance to offer motor insurance policies 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 sto...
Bajaj Finance rises on partnering with ICICI Lombard General Insurance to offer motor insurance policies
Bajaj Finance rises on partnering with ICICI Lombard General Insurance to offer motor insurance policies
Source: Accord Fintech
8/08/2023 11:52:43 AM
Stock Picks : Sun Pharma Ltd and Bajaj Finance Ltd By ICICI Direct Sun Pharma Ltd Buy Sun Pharma Ltd @1131-1133; Target 1148.00; Stop Loss 1123.70   Bajaj Finance Ltd Sell Bajaj Finance Ltd @7292-7298; Target 7236.00; Stop Loss 7332.00     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the author and not of...
Stock Picks : Sun Pharma Ltd and Bajaj Finance Ltd By ICICI Direct
Stock Picks : Sun Pharma Ltd and Bajaj Finance Ltd By ICICI Direct
Source: ICICI Direct
28/07/2023 10:50:21 AM
Buy Bajaj Finance Ltd For Target Rs. 8,800 - Motilal Oswal Financial Services Ltd * Bajaj Finance (BAF)’s 1QFY24 reported PAT jumped 32% YoY to ~INR34.4b (in line). The good operational performance was driven by: a) healthy run-rate in customer additions/new loans disbursed, b) further asset quality improvement, and c) YoY moderation in costincome ratios during the quarter. * NII grew 27% YoY to ~INR67.2b. Other operating income rose 23% YoY and Net Total Income (NTI) jumped 27% YoY to ~INR84b. * NIM (calc.) was stable QoQ at ~13% in 1QFY24 even as reported NII...
Buy Bajaj Finance Ltd For Target Rs. 8,800 - Motilal Oswal Financial Services Ltd
Buy Bajaj Finance Ltd For Target Rs. 8,800 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
27/07/2023 1:55:58 PM
Bajaj Finance gains on reporting 32% rise in Q1 consolidated net profit Bajaj Finance is currently trading at Rs. 7514.50, up by 83.45 points or 1.12% from its previous closing of Rs. 7431.05 on the BSE. The scrip opened at Rs. 7596.95 and has touched a high and low of Rs. 7596.95 and Rs. 7473.00 respectively. So far 9472 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 sto...
Bajaj Finance gains on reporting 32% rise in Q1 consolidated net profit
Bajaj Finance gains on reporting 32% rise in Q1 consolidated net profit
Source: Accord Fintech
27/07/2023 10:33:05 AM
Bajaj Finance logs standalone PAT Rs 2,959 cr for Q1 Non-banking finance company Bajaj Finance Ltd on Wednesday said it has logged Rs 2,959.06 crore net profit for the first quarter of FY24. In a regulatory filing, the company said for the period under review it had earned a total income of Rs10,665.69 crore (Q1FY23 Rs 8,146.52 crore) and a net profit of Rs 2,959.06 crore (Rs 2,355.92 crore). On a consolidated basis the company has logged a net profit of Rs 3,436.89 crore (Rs 2,596.25 crore). According to Bajaj Finance, the assets unde...
Bajaj Finance logs standalone PAT Rs 2,959 cr for Q1
Bajaj Finance logs standalone PAT Rs 2,959 cr for Q1
Source: IANS
26/07/2023 2:58:11 PM
FPIs sold stocks worth Rs 2,081 cr in last 2 days indicating buying exhaustion In the last two days, FPIs have sold stocks worth Rs 2,081 crore indicating buying exhaustion, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. FPI flows have slowed down. This is normal response to the rising dollar index which has moved up to 101.4 from the recent low of 99. Even though Nifty is showing signs of resilience, it is unlikely to race to 20,000 level in the next few days, given the rising dollar and declining FPI inflows. Brent crude spiking to...
FPIs sold stocks worth Rs 2,081 cr in last 2 days indicating buying exhaustion
FPIs sold stocks worth Rs 2,081 cr in last 2 days indicating buying exhaustion
Source: IANS
25/07/2023 11:17:50 AM
Sensex, Nifty scale new heights The two Indian stock exchanges continued their uptrend on Thursday to touch new peaks. The Sensex of the BSE after opening at a subdued note at 67,074.34, flared up to touch a new all time height 67,385.52 points. At the BSE, the shares of Maruti Suzuki, ITC, Sun Pharmaceuticals, Kotak Bank, Reliance Industries, Tata Steel, IndusInd Bank and others saw an uptrend, while NTPC, Nestle, Axis Bank, Wipro, Bajaj Finance and others were on the down trend. Similarly, the Nifty of the NSE to...
Sensex, Nifty scale new heights
Sensex, Nifty scale new heights
Source: IANS
20/07/2023 3:45:08 PM
Stock of the day : Buy Bajaj Finance Ltd For Target Rs. 270 - Religare Broking Bajaj Finance Ltd * Bajaj Finance has been trading in a broader consolidation range i.e. 5500- 7850 zone for almost two years. * After retesting the upper band early July, it has retraced marginally towards the short term moving average and also filled the gap too. * The recent price action coupled with positive momentum in financial pack indicates a gradual recovery towards the previous swing high. * We thus advise creating fresh longs in the mentioned zone Buy Bajaj Finan...
Stock of the day : Buy Bajaj Finance Ltd For Target Rs. 270 - Religare Broking
Stock of the day : Buy Bajaj Finance Ltd For Target Rs. 270 - Religare Broking
Source: Religare Broking Ltd
18/07/2023 11:00:39 AM
India`s Reliance spin-off Jio Financial Services worth 160-190 rupees/share -analysts The financial services business of India's Reliance Industries will be valued at 160-190 rupees per share, according to estimates by five analysts, with the impending demerger boosting the stock price of the country's most valuable company. Reliance Strategic Investments Ltd - to be renamed Jio Financial Services (JFS) Ltd - will be demerged on July 20, with Reliance shareholders getting one JFS share in addition to each Reliance share they hold. Axis Securities, on Monday, reco...
India`s Reliance spin-off Jio Financial Services worth 160-190 rupees/share -analysts
India`s Reliance spin-off Jio Financial Services worth 160-190 rupees/share -analysts
Source: Reuters
18/07/2023 10:59:14 AM
Buy Bajaj Finance Ltd For Target Rs. 9,500 - JM Financial Institutional Securities Bajaj Finance continues to deliver on what it does best – growth and profitability at scale. FY23 saw 11.54mn new customer addition (1QFY24 at 3.84mn). Importantly, growth is well diversified (after initial scale up of mortgages portfolio through 1HCY22) and is now likely to be all-round across consumer, SME and newer categories. We expect newer categories (Auto, MFI and other products) to form ~6-7% of the overall mix in the next 3 years. We had earlier highlighted that as growth mix d...
Buy Bajaj Finance Ltd For Target Rs. 9,500 - JM Financial Institutional Securities
Buy Bajaj Finance Ltd For Target Rs. 9,500 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
6/07/2023 2:36:00 PM
Bajaj Finance zooms on reporting 46% growth in deposits book in Q1FY24 Bajaj Finance is currently trading at Rs. 7875.00, up by 539.65 points or 7.36% from its previous closing of Rs. 7335.35 on the BSE. The scrip opened at Rs. 7631.00 and has touched a high and low of Rs. 7916.70 and Rs. 7548.05 respectively. So far 200013 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7,916.70 on 4-Jul-2023 and a 52 week low of Rs. 5487.25 on 20-Mar-2023. Last one week high and low of the scrip ...
Bajaj Finance zooms on reporting 46% growth in deposits book in Q1FY24
Bajaj Finance zooms on reporting 46% growth in deposits book in Q1FY24
Source: Accord Fintech
4/07/2023 11:05:26 AM
Bajaj Finance trades higher on partnering with BYD India for dealer finance, vehicle loans Bajaj Finance is currently trading at Rs. 7110.00, up by 19.65 points or 0.28% from its previous closing of Rs. 7090.35 on the BSE. The scrip opened at Rs. 7080.05 and has touched a high and low of Rs. 7193.90 and Rs. 7080.05 respectively. So far 22289 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5340.05 on 01-Jul-2022. Last one week high and low of the scrip st...
Bajaj Finance trades higher on partnering with BYD India for dealer finance, vehicle loans
Bajaj Finance trades higher on partnering with BYD India for dealer finance, vehicle loans
Source: Accord Fintech
30/06/2023 12:20:55 PM
BYD India partners with Bajaj Finance to offer finance solutions for its vehicles Mumbai - BYD India, a subsidiary of the world's leading New Energy Vehicle manufacturer BYD, announced today the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Ltd., one of India’s leading and diversified financial services groups. The strategic partnership aims to provide comprehensive vehicle financing solutions to BYD dealers and customers across India, fostering the widespread adoption of Electric Vehicle...
BYD India partners with Bajaj Finance to offer finance solutions for its vehicles
BYD India partners with Bajaj Finance to offer finance solutions for its vehicles
Source: PR Agency
28/06/2023 3:46:45 PM
S&P raises assessment of Indian banking sector on  S&P Global Ratings on Tuesday raised its assessment of India's banking sector, citing a "strong recovery" underway in the Indian financial sector. India's 'Banking Industry Country Risk Assessment', an indicator of an economy's financial sector, has been raised one notch to 5 from 6 earlier, the rating agency said in a note. Risk scores range from 1 to 10, with 10 signalling the highest risk. "We believe asset quality will continue to stre...
S&P raises assessment of Indian banking sector on
S&P raises assessment of Indian banking sector on "strong recovery"
Source: Reuters
27/06/2023 9:00:01 AM
Stock Picks : Bajaj Finance Ltd and Hindustan Unilever Ltd By ICICI Direct Bajaj Finance Ltd   Buy Bajaj Finance Ltd @7198-7202 CMP 7203.20; Target 7362.00; Stop Loss 7168.00   Hindustan Unilever Ltd Buy Hindustan Unilever Ltd @2713-2716 CMP 2715.65; Target 2746.00; Stop Loss 2698.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registr...
Stock Picks : Bajaj Finance Ltd and Hindustan Unilever Ltd By ICICI Direct
Stock Picks : Bajaj Finance Ltd and Hindustan Unilever Ltd By ICICI Direct
Source: ICICI Direct
19/06/2023 11:08:36 AM
Bajaj Finance moves up on offering FD rates of up to 8.60% Bajaj Finance is currently trading at Rs. 7025.00, up by 17.30 points or 0.25% from its previous closing of Rs. 7007.70 on the BSE. The scrip opened at Rs. 7005.00 and has touched a high and low of Rs. 7080.00 and Rs. 7005.00 respectively. So far 13775 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022. Last one week high and low of the scrip st...
Bajaj Finance moves up on offering FD rates of up to 8.60%
Bajaj Finance moves up on offering FD rates of up to 8.60%
Source: Accord Fintech
9/06/2023 2:27:02 PM
Analysing the Top Performers in the BSE Sensex: Which Companies have Consistently Delivered Strong Returns? For anybody looking to invest in the stock market, it is important to have a long-term perspective of the market and not get caught up in short-term fluctuations. There are stocks that have remained solid despite the ups and downs in the market over the past decade or so. This is because short-term fluctuations in the market are bound to happen however the long-term growth story of fundamentally strong companies mostly remain intact and these companies give an investor, good returns Invest...
Analysing the Top Performers in the BSE Sensex: Which Companies have Consistently Delivered Strong Returns?
Analysing the Top Performers in the BSE Sensex: Which Companies have Consistently Delivered Strong Returns?
Source: .
5/06/2023 10:00:45 AM
Bajaj Finance moves up on raising Rs 1,670.19 crore via NCDs Bajaj Finance is currently trading at Rs. 6817.00, up by 38.25 points or 0.56% from its previous closing of Rs. 6778.75 on the BSE. The scrip opened at Rs. 6775.00 and has touched a high and low of Rs. 6848.00 and Rs. 6740.00 respectively. So far 9379 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022. Last one week high and low of the scrip sto...
Bajaj Finance moves up on raising Rs 1,670.19 crore via NCDs
Bajaj Finance moves up on raising Rs 1,670.19 crore via NCDs
Source: Accord Fintech
24/05/2023 12:16:24 PM
Bajaj Finance surges on raising Rs 2,075 crore through NCDs Bajaj Finance is currently trading at Rs. 6799.00, up by 90.95 points or 1.36% from its previous closing of Rs. 6708.05 on the BSE. The scrip opened at Rs. 6741.60 and has touched a high and low of Rs. 6829.80 and Rs. 6741.60 respectively. So far 34362 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022. Last one week high and low of the scrip st...
Bajaj Finance surges on raising Rs 2,075 crore through NCDs
Bajaj Finance surges on raising Rs 2,075 crore through NCDs
Source: Accord Fintech
18/05/2023 2:08:40 PM
Stock Picks : Bajaj Finance Ltd and DLF Ltd By ICICI Direct Bajaj Finance Ltd Buy Bajaj Finance Ltd @6688-6694 CMP 6714.40; Target 6759.00; Stop Loss 6648.80   DLF Ltd Buy DLF Ltd @434.00-435.00 CMP 435.95; Target 440.50; Stop Loss 429.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the au...
Stock Picks : Bajaj Finance Ltd and DLF Ltd By ICICI Direct
Stock Picks : Bajaj Finance Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct
15/05/2023 11:00:44 AM
Bajaj Finance hikes FD rates to 8.60% Bajaj Finance, the lending arm of Bajaj Finserv Limited, one of India’s leading and diversified financial services groups, today announced an increase of up to 40 basis points in its Fixed Deposit (FD) rates, taking it to 8.60 per cent per annum for senior citizens, for a special tenure of 44 months. The new rates, effective May 10, 2023, are revised higher by 40 basis points on deposits with maturities ranging from 36 months to 60 months. Depositors below 60 years can earn up to 8.0...
Bajaj Finance hikes FD rates to 8.60%
Bajaj Finance hikes FD rates to 8.60%
Source: PR Agency
11/05/2023 12:41:56 PM
Buy Bajaj Finance Ltd For Target Rs. 1,575 - JM Financial Institutional Securities In 4Q23, Bajaj Finserv reported consol PAT of INR17.7bn for 4QFY23 led by strong performance in Bajaj Finance (+31% YoY PAT) as well as BALIC (VNB growth of 35% YoY). BAGIC delivered profit of INR 3.2bn, up by 30% YoY as the combined ratio improved sequentially (at 97.3%, -100bps YoY) and better investment gains during the quarter. BAGIC’s growth was a tad slower than the industry driven by moderate growth in motor segment, while other segments continue their growth momentum - retail an...
Buy Bajaj Finance Ltd For Target Rs. 1,575 - JM Financial Institutional Securities
Buy Bajaj Finance Ltd For Target Rs. 1,575 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
8/05/2023 3:04:35 PM
Buy Bajaj Finance Ltd For Target Rs. 7,925 - JM Financial Institutional Securities Bajaj Finance continues to defy concerns regarding growth (core AUM +29% YoY), sustainability of profitability (5th consecutive qtr of 5%+ RoA) and is exhibiting continued customer growth momentum (69.5m franchise, +11.6m added in FY23). 4QFY23 profits stood at Rs31.5bn (est Rs.31.4bn), 31% YoY led by largely stable NIMs (though there could be moderation ahead if rates increase further), continued to low credit costs (GNPA 0.94%, NNPA 0.38%, credit costs at 144bps). Management remains confide...
Buy Bajaj Finance Ltd For Target Rs. 7,925 - JM Financial Institutional Securities
Buy Bajaj Finance Ltd For Target Rs. 7,925 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
29/04/2023 12:21:27 PM
Buy Bajaj Finance Ltd For Target Rs. 7,865 - Yes Securities Ltd Performance surpasses expectations and allays emerging concerns; commentary encouraging too BAF not only delivered 4-7% beat on NII/PPOP/PAT, but its performance and commentary also doused emerging concerns pertaining to growth/competition in B2B business, slowdown in housing portfolio, growth trajectory in new loan bookings/cross-sell, and the impact of inevitable NIM moderation on RoA. Factors that drove earnings beat in Q4 FY23 were resilient NIM (supported by lending rate hikes taken so f...
Buy Bajaj Finance Ltd For Target Rs. 7,865 - Yes Securities Ltd
Buy Bajaj Finance Ltd For Target Rs. 7,865 - Yes Securities Ltd
Source: Yes Securities Ltd
29/04/2023 11:59:34 AM
Buy Bajaj Finance Ltd For Target Rs. 7,080 - Motilal Oswal Financial Services Management confident of protecting profitability despite NIM compression * BAF’s reported PAT grew 31% YoY to ~INR31.6b (in line) in 4QFY23. The good operational performance was driven by 1) a healthy run-rate in customer additions/new loans disbursed, 2) pristine asset quality driving a ~7bp QoQ moderation in credit costs, and 3) a moderation in opex ratios. FY23 PAT grew ~64% YoY to ~INR115b (PY: INR70b). * NII grew 30% YoY to INR62.5b. Other operating income grew 20% YoY, and n...
Buy Bajaj Finance Ltd For Target Rs. 7,080 - Motilal Oswal Financial Services
Buy Bajaj Finance Ltd For Target Rs. 7,080 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
28/04/2023 11:35:14 AM
Buy Bajaj Finance Ltd For Target Rs. 5,713 - JM Financial Institutional Securities Bajaj Finance continues to defy concerns regarding growth (core AUM +29% YoY), sustainability of profitability (5th consecutive qtr of 5%+ RoA) and is exhibiting continued customer growth momentum (69.5m franchise, +11.6m added in FY23). 4QFY23 profits stood at Rs31.5bn (est Rs.31.4bn), 31% YoY led by largely stable NIMs (though there could be moderation ahead if rates increase further), continued to low credit costs (GNPA 0.94%, NNPA 0.38%, credit costs at 144bps). Management remains confide...
Buy Bajaj Finance Ltd For Target Rs. 5,713 - JM Financial Institutional Securities
Buy Bajaj Finance Ltd For Target Rs. 5,713 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
27/04/2023 2:31:08 PM
Bajaj Finance Limited Financial results for Q4 and FY23 Bajaj Finance reports: * Consolidated profit after tax of ? 3,158 crore in Q4 FY23 and ? 11,508 crore in FY23 * Consolidated assets under management of ? 247,379 crore as of 31 March 2023 * Highest ever new loans booked of 29.58 million in FY23 * Highest ever increase in customer franchise of 11.57 million in FY23 A meeting of the Board of Directors of Bajaj Finance Limited (BFL) was held today to consider and approve the audited standalone and consolidated results for the quarter and...
Bajaj Finance Limited Financial results for Q4 and FY23
Bajaj Finance Limited Financial results for Q4 and FY23
Source: PR Agency
27/04/2023 12:26:51 PM
Bajaj Finance shines on reporting 31% rise in Q4 consolidated net profit Bajaj Finance is currently trading at Rs. 6173.25, up by 118.45 points or 1.96% from its previous closing of Rs. 6054.80 on the BSE. The scrip opened at Rs. 6059.00 and has touched a high and low of Rs. 6226.00 and Rs. 6059.00 respectively. So far 11140 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022. Last one week high and low of the scrip s...
Bajaj Finance shines on reporting 31% rise in Q4 consolidated net profit
Bajaj Finance shines on reporting 31% rise in Q4 consolidated net profit
Source: Accord Fintech
27/04/2023 10:01:22 AM
Stock Picks : Maruti Suzuki India Ltd and Bajaj Finance Ltd By ICICI Direct Maruti Suzuki India Ltd Buy Maruti Suzuki India Ltd CMP 8516.65; Initiation Range8512-8518; Target 8586.00; Stop Loss 8473.00   Bajaj Finance Ltd Buy Bajaj Finance Ltd CMP 1303.95; Initiation Range1299-1303; Target 1318.00; Stop Loss 1290.80     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Reg...
Stock Picks : Maruti Suzuki India Ltd and Bajaj Finance Ltd By ICICI Direct
Stock Picks : Maruti Suzuki India Ltd and Bajaj Finance Ltd By ICICI Direct
Source: ICICI Direct
10/04/2023 10:36:11 AM
Bajaj Finance rises on reporting 45% growth in deposits book in Q4FY23 Bajaj Finance is currently trading at Rs. 5832.60, up by 66.95 points or 1.16% from its previous closing of Rs. 5765.65 on the BSE. The scrip opened at Rs. 5765.65 and has touched a high and low of Rs. 5842.65 and Rs. 5705.00 respectively. So far 18382 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022. Last one week high and low of the scrip st...
Bajaj Finance rises on reporting 45% growth in deposits book in Q4FY23
Bajaj Finance rises on reporting 45% growth in deposits book in Q4FY23
Source: Accord Fintech
6/04/2023 10:45:00 AM
Buy Bajaj Finance Ltd For Target Rs. 5,713 - Motilal Oswal Healthy momentum in new loans booked, stronger than 4Q of previous years BAF released its 4QFY23 business update. Here are the key takeaways: * BAF witnessed a healthy momentum in new customer acquisitions, with 3.1m new customers in 4QFY23 (v/s 2.2m in 4QFY22 and 3.1m in 3QFY23). Total customer franchise stood at 69.1m, up ~20% YoY. * New loans booked rose ~21% YoY to 7.6m in 4QFY23 (up from 6.3m in 4QFY22). * AUM growth was in-line with MOSLe, with the reported AUM standing at I...
Buy Bajaj Finance Ltd For Target Rs. 5,713 - Motilal Oswal
Buy Bajaj Finance Ltd For Target Rs. 5,713 - Motilal Oswal
Source: Motilal Oswal
5/04/2023 2:50:35 PM
Buy Bajaj Finance Ltd For Target Rs. 7,620- Yes Securities BAF delivered largely in-line performance with sustained delivery of high RoA/RoE (5.4%/24%) and strong balance sheet growth Key positives were a) substantial growth improvement in Auto Finance, resilient traction in Consumer B2C products and strengthening of growth in commercial/SME lending, b) significant lift in run-rate of new customer acquisition and strong growth in total/cross-sell customer franchise, c) gradual increase in CoF (majority fixed rate borrowings) underpinning strong NI...
Buy Bajaj Finance Ltd For Target Rs. 7,620- Yes Securities
Buy Bajaj Finance Ltd For Target Rs. 7,620- Yes Securities
Source: Yes Securities
21/03/2023 2:56:17 PM
Buy Bajaj Finance Ltd For Target Rs.190 - Religare Broking  Bajaj Finance Ltd   * BAJFINANCE has been trading with a corrective bias for the last six months. * Though it had rebounded marginally of late, it couldn’t surpass the hurdle of major moving averages. * It has formed a fresh shorting pivot indicating the negative trend is intact. * We thus suggest creating fresh shorts through the Put option.   Buy  Bajaj Finance Ltd @ BUY6000 PE CMP 115; Range 105-110; SL65; Target 19...
Buy Bajaj Finance Ltd For Target Rs.190 - Religare Broking
Buy Bajaj Finance Ltd For Target Rs.190 - Religare Broking
Source: Religare Broking
3/03/2023 12:26:26 PM
Bajaj Finance gains on offering secure investment options to customers through FD, SDP Bajaj Finance is currently trading at Rs. 6212.40, up by 13.80 points or 0.22% from its previous closing of Rs. 6198.60 on the BSE. The scrip opened at Rs. 6227.95 and has touched a high and low of Rs. 6240.00 and Rs. 6125.10 respectively. So far 10309 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022. Last one week high and low of the scrip st...
Bajaj Finance gains on offering secure investment options to customers through FD, SDP
Bajaj Finance gains on offering secure investment options to customers through FD, SDP
Source: Accord Fintech
23/02/2023 3:58:41 PM
Buy BAJFINANCE 6200 PE For Target Rs.240 - Religare Broking Bajaj Finance Ltd * Mostly NBFC counters are reeling under pressure and BAJFINANCE is no exception. * It has posted a fresh breakdown after struggling around its resistance zone of multiple moving averages on daily charts. * The chart pattern and indicators are pointing towards a further slide ahead. * We thus suggest initiating a fresh short position through the Put option. Buy BAJFINANCE 6200 PE CMP  170; Range 150-160; SL 95; Target 240   To Read Complete...
Buy BAJFINANCE 6200 PE For Target Rs.240 - Religare Broking
Buy BAJFINANCE 6200 PE For Target Rs.240 - Religare Broking
Source: Religare Broking Ltd
23/02/2023 9:47:58 AM
Bajaj Finance shines on reporting 40% rise in Q3 consolidated net profit Bajaj Finance is currently trading at Rs. 5949.00, up by 193.00 points or 3.35% from its previous closing of Rs. 5756.00 on the BSE. The scrip opened at Rs. 5790.00 and has touched a high and low of Rs. 5997.50 and Rs. 5773.00 respectively. So far 33803 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 7777.00 on 22-Sep-2022 and a 52 week low of Rs. 5235.60 on 17-Jun-2022. Last one week high and low of the scrip s...
Bajaj Finance shines on reporting 40% rise in Q3 consolidated net profit
Bajaj Finance shines on reporting 40% rise in Q3 consolidated net profit
Source: Accord Fintech
30/01/2023 10:07:16 AM
Key News - TATA Motors Ltd, Bajaj Finance Ltd, Vedanta Ltd, Aditya Birla Sun Life AMC Ltd By ARETE Securities Key News TATA Motors to hike prices of passenger v4ehicles by 1.2% from February : Tata Motors Ltd said on Friday it would hike prices of its passenger vehicles by 1.2% on a weighted average basis from 1 February, citing a rise in overall input costs. The company has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled the company to pass on some proportion through this minimal price hike. While the price increase will v...
Key News - TATA Motors Ltd, Bajaj Finance Ltd, Vedanta Ltd, Aditya Birla Sun Life AMC Ltd By ARETE Securities
Key News - TATA Motors Ltd, Bajaj Finance Ltd, Vedanta Ltd, Aditya Birla Sun Life AMC Ltd By ARETE Securities
Source: ARETE Securities Ltd
30/01/2023 9:47:46 AM
India`s Bajaj Finance falls over 8% as loan growth, AUM moderates in Q3 BENGALURU - Shares of Bajaj Finance fell as much as 8.3% on Thursday, a day after the Indian shadow lender reported moderation in loan growth and assets under management (AUM) during the third quarter. New loans booked in the quarter ended Dec. 31 were up 5.4% year-on-year against 7.9% recorded in the second quarter, while AUM grew 27% as of Dec. 31 against the 31% recorded in the previous quarter.
India`s Bajaj Finance falls over 8% as loan growth, AUM moderates in Q3
India`s Bajaj Finance falls over 8% as loan growth, AUM moderates in Q3
Source: Reuters
5/01/2023 9:52:12 AM
Stock Picks - Container Corporation of India Ltd and Bajaj Finance Ltd By ICICI Direct Container Corporation of India Ltd Buy Container Corporation of India Ltd @ 741-743 CMP 749.75 Stop Loss 735.70 Target 753.00   Bajaj Finance Ltd Buy Bajaj Finance Ltd @ 6466-6474 CMP 6490.65 Stop Loss 6512.30 Target 6402.00     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.h...
Stock Picks - Container Corporation of India Ltd and Bajaj Finance Ltd By ICICI Direct
Stock Picks - Container Corporation of India Ltd and Bajaj Finance Ltd By ICICI Direct
Source: ICICI Direct Ltd
23/12/2022 10:29:50 AM
Macquarie`s comparison of Jio Financial Services with Paytm an assumption made too early The report by Australian financial services firm Macquarie saying that Jio Financial Servicess entry into the lending space is a threat to Paytm and Bajaj Finance seems to be a comparison that has been done in a hurry, industry sources said on Wednesday. To date, Paytm has seen competition from the likes of WhatsApp, Amazon Pay, PhonePe and Google Pay but so far, none of them have managed to usurp the company's leadership across payments and financial services. Even Macquarie, in it...
Macquarie`s comparison of Jio Financial Services with Paytm an assumption made too early
Macquarie`s comparison of Jio Financial Services with Paytm an assumption made too early
Source: IANS
23/11/2022 12:41:11 PM