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Bajaj Finserv Ltd share Price Today

Company details

1,611.35
1,648.70
1,306.55
1,741.00
6M Return -1.45%
1Y Return 20.68%
Mkt Cap.(Cr) 258,229.89
Volume 1,528,544
Div Yield 0.05%
OI
-
OI Chg %
-
Volume 1,528,544

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Incur '0' Brokerage upto ₹500
Steady performance; insurance segment bit volatile…
About The Stock

    Bajaj Finserv (Finserv) is a financial conglomerate with a holding in the financing business (Bajaj Finance), life insurance (Bajaj Life Insurance) and general insurance (Bajaj General Insurance) business.

    • Consistent, faster business growth and profitability remain in focus
Q4FY23

    Healthy performance in the lending business.

    • Consolidated topline growth came in at 25.3% YoY to ₹ 23625 crore
    • AUM up 25% YoY to ₹ 247379 crore; PAT jump led by contained provision
    • GWP up 14% YoY to ₹ 3765 crore; PAT down 30% YoY to ₹ 322 crore
    • Life insurance premium grew 13% YoY, renewal premium was healthy

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Research view on more stocks

Holding company Bajaj Finserv announced Q3FY24 & 9MFY24 results:

  • Q3FY24:
    • Consolidated total income witnessed a growth of Rs 29,038 crore, up 33% compared to Rs 21,755 crore in Q3FY23.
    • Consolidated PAT showed robust performance at Rs 2,158 crore, reflecting a significant 21% increase compared to Rs 1,782 crore in Q3FY23.
    • The profit after tax for the general insurance segment reached Rs 287 crore, demonstrating a growth of 3% compared to Rs 278 crore in Q3FY23.
    • Life insurance achieved a notable Net New Business Value (NBV) of Rs 251 crore, marking an impressive 20% increase compared to Rs 210 crore in Q3FY23.
  • 9MFY24:
    • Consolidated total income for the 9MFY24 period reached Rs 78,341 crore, indicating a substantial 34% increase compared to Rs 58,447 crore in 9MFY23.
    • Consolidated PAT showcased a robust performance at Rs 6,029 crore, reflecting a significant 30% increase compared to Rs 4,648 crore in 9MFY23.
    • The profit after tax for the general insurance segment reached Rs 1,171 crore, demonstrating a growth of 14% compared to Rs 1,026 crore in 9MFY23.
    • Life insurance achieved a notable Net New Business Value (NBV) of Rs 581 crore, marking a 9% increase compared to Rs 535 crore in 9MFY23. 

Result PDF

View Other Company Results

Bajaj Finserv Ltd shares SWOT Analysis

Strengths (5)

  • Company with high TTM EPS Growth
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Increasing Revenue every quarter for the past 2 quarters

Weakness (4)

  • Companies with High Debt
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Companies with Increasing Debt

Opportunity (0)

Data not found

Threats (1)

  • Increase in Provisions in Recent Results

Resistance and support

R1 1,641.0
R2 1,663.5
R3 1,678.4
Pivot

1,626.18

S1 1,603.7
S2 1,588.8
S3 1,566.3
EMA SMA
1,643.7
1,625.1
1,616.0
1,590.1
1,634.0
1,608.1
1,634.8
1,599.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BACHHRAJ & CO PRIVATE LIMITED Block Purchase 2024-02-14 1582 1426965 NSE
RISHAB FAMILY TRUST Block Sell 2024-02-14 1582 982250 NSE
RAJIVNAYAN BAJAJ Block Sell 2024-02-14 1582 320590 NSE
Name Category Shares
BAJAJ HOLDINGS AND INVESTMENT LIMITED PROMOTER 39.06%
JAMNALAL SONS PRIVATE LIMITED PROMOTER 9.71%
MAHARASHTRA SCOOTERS LTD PROMOTER 2.38%
BAJAJ SEVASHRAM PRIVATE LIMITED PROMOTER 1.67%
BACHHRAJ AND COMPANY PRIVATE LIMITED PROMOTER 1.26%
BACHHRAJ FACTORIES PRIVATE LIMITED PROMOTER 0.68%
BARODA INDUSTRIES PRIVATE LIMITED PROMOTER 0.58%

OUR RESEARCH VIEW

Investment recommendation
Steady performance; insurance segment bit volatile…
Call Date
02 May 2023
Entry Price 1,360.00
Target Price 1,600.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bajaj Finserv Ltd Stocks COMPARISON

Financials( in Cr) Bajaj Finserv Ltd Bajaj Finance Ltd Jio Financial Services Ltd Indian Railway Finance Corporation Ltd Power Finance Corporation Ltd
Price 1,618.50 6,954.25 361.85 141.70 396.55
% Change -2.31 -1.72 2.13 1.03 1.06
Mcap Cr 258,229.89 429,788.64 229,893.58 185,180.73 130,865.54
Revenue TTM Cr 82,071.70 41,398.35 44.84 23,891.95 77,568.30
Net Profit TTM Cr 12,209.54 11,507.69 31.25 6,337.01 21,178.59
PE TTM 33.11 31.20 0.00 30.67 6.96
1 Year Return 20.68 16.65 45.38 414.34 199.69
ROCE 12.69 11.76 0.03 5.32 9.38
ROE 28.18 23.46 0.02 14.66 27.18
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 46,407.34 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 27,985.89 -4,210.70
LAST 3M 85,258.15 42,414.35
LAST 6M 136,201.24 75,801.89
LAST 12M 211,048.21 200,392.08

Bajaj Finserv Ltd Information

Stock PE (TTM)
33.11
Promoter Holding
60.69%
Book Value
318.8551
ROCE
12.69%
ROE
28.18%
Description
  • Bajaj Finserv Ltd (BFL) is a financial sector company with a market capitalization of Rs 238881.22 crore as of 19 August ‘2021. At the end of March 2020, it registered annual revenue of INR 60,591 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned number code 532978 and scrip code BAJAJFINSV. As of 18 August 2021, Bajaj finserv Ltd is trading at Rs. 15,006.25.

    Bajaj Finserv is a non-banking financing company that offers various financial services through its network of subsidiary companies. The company is providing solutions for financing, Assets protection, Income protection through life insurance.

    Under the RBI circular on 13 August 2016, BFL registered as an unregistered investment company. Hence 90% of its net assets are invested in group companies, out of which 60% shall be in the form of equity investment. As per an annual report of the financial year 2020-21, BFL has 52.74% in listed entity bajaj finance ltd (Listed on BSE and NSE) and Bajaj housing finance limited, which is 100% subsidiary of Bajaj Finance Ltd. The company owns a 74% ownership in two insurance entities, Bajaj Allianz general insurance company ltd and Bajaj Allianz life insurance company ltd, and Allianz owns the remaining stake. BFL has incorporated “Bajaj financial securities” a wholly-owned subsidiary ltd for broking business. The company has also invested in windmill projects (138 mills) with an install capacity of 65.2 MW. To increase its digital presence, the company has invested in Bajaj finserv health ltd and launched a mobile care app to create a digital preventive and pre-health solution to connect with service providers. Request for Assets Management Company (AMC) license, BFL has already applied to SEBI. Bajaj finance ltd has capital to risk-weighted asset ratio of 28.31% on 31 March 2021. The company also develops five apps: EMI stores, Insurance marketplace, Investment marketplace BFL health, and broking app. It has also received approval to set up its own wallet business and develop a bajaj pay for merchants. BFL expanded its operations to 2988 locations through 1,10,300 points of sale.

Registered Address

Bajaj Auto Ltd Complex, Mumbai-Pune Road Akurdi, Pune, Maharashtra, 411035

Tel : 91-20-6610 7458
Email : sonal.tiwari:bajajfinserv.in; investors:bajajfinse
Website : http://www.bajajfinserv.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Apr
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532978
NSE Code : BAJAJFINSV
Book Closure Date (Month) :
BSE Group : A
ISIN : INE918I01026

FAQ’s on Bajaj Finserv Ltd Shares

You can buy Bajaj Finserv Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bajaj Finserv Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 16, 2024 03:59 PM the closing price of Bajaj Finserv Ltd was ₹ 1,618.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 16, 2024 03:59 PM, the market cap of Bajaj Finserv Ltd stood at ₹ 258,229.89.

The latest PE ratio of Bajaj Finserv Ltd as of Apr 16, 2024 03:59 PM is 33.11

The latest PB ratio of Bajaj Finserv Ltd as of Apr 16, 2024 03:59 PM is 0.20

The 52-week high of Bajaj Finserv Ltd share price is ₹ 1,741.00 while the 52-week low is ₹ 1,306.55

According to analyst recommendations, Bajaj Finserv Ltd Share has a “Buy” rating for the long term.

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