Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
964.70
1.10 (0.11%)
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Bajaj Finance surges on reporting 18% rise in Q2 net profit

Date: 14-10-2014

Bajaj Finance is currently trading at Rs 2746.00, up by 62.90 points or 2.34% from its previous closing of Rs 2683.10 on the BSE.

The scrip opened at Rs 2726.50 and has touched a high and low of Rs 2780.45 and Rs. 2715.30 respectively. So far 6328 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 2812.85 on 01-Oct-2014 and a 52 week low of Rs 1251.00 on 15-Oct-2013.

Last one week high and low of the scrip stood at Rs 2795.00 and Rs 2662.60 respectively. The current market cap of the company is Rs 13740.50 crore.

The promoters holding in the company stood at 61.61% while Institutions and Non-Institutions held 19.28% and 19.10% respectively.

Bajaj Finance has posted a rise of 18.02% in its net profit at Rs 197.15 crore for the quarter ended September 30, 2014 as compared to Rs 167.04 crore for the same quarter in the previous year. Total income has increased by 28.82% at Rs 1241.83 crore for quarter under review as compared to Rs 963.98 crore for the quarter ended September 30, 2013.

Bajaj Finance is one of the leading financial companies in India. It offers personal loans that are convenient, flexible, quickly processed, have superior features like zero prepayment charges & requires no security with minimum paper work. The company offers personal loans for home renovation, marriage in family, holiday, and medical expenses without providing security or guarantors.