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Bajaj Finance falls despite reporting 22% rise in Q3 consolidated net profit

30 Jan 2024 Evaluate

Bajaj Finance is currently trading at Rs. 6865.00, down by 322.50 points or 4.49% from its previous closing of Rs. 7187.50 on the BSE.

The scrip opened at Rs. 6993.00 and has touched a high and low of Rs. 6993.00 and Rs. 6841.65 respectively. So far 60890 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8190.00 on 06-Oct-2023 and a 52 week low of Rs. 5487.25 on 20-Mar-2023.

Last one week high and low of the scrip stood at Rs. 7350.00 and Rs. 6830.00 respectively. The current market cap of the company is Rs. 424136.88 crore.

The promoters holding in the company stood at 54.78%, while Institutions and Non-Institutions held 35.00% and 10.22% respectively.

Bajaj Finance has reported 21.08% rise in net profit at Rs 3177.39 crore for the quarter ended December 31, 2023 as compared to Rs 2624.22 crore for the same quarter in the previous year. Total income of the company increased by 31.35% at Rs 12103.62 crore for Q3FY24 as compared Rs 9214.69 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 22.40% rise in its net profit at Rs 3638.95 crore for Q3FY24 as compared to Rs 2973.00 crore for the same quarter in the previous year. Total income of the company increased by 31.30% at Rs 14165.98 crore for Q3FY24 as compared Rs 10788.93 crore for corresponding quarter of the previous year.

Bajaj Finance Share Price

898.50 -25.90 (-2.80%)
13-Apr-2026 16:59 View Price Chart
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