Bajaj Finserv Ltd.

BSE: 532978 | NSE: BAJAJFINSV
Large Cap | Finance - Investment
2002.40
0.90 (0.04%)
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Bajaj Finserv trades jubilantly on reporting 46% rise in Q1 consolidated net profit

Date: 23-07-2015

Bajaj Finserv is currently trading at Rs. 1752.00, up by 76.75 points or 4.58% from its previous closing of Rs. 1675.25 on the BSE.

The scrip opened at Rs. 1800.00 and has touched a high and low of Rs. 1800.00 and Rs. 1715.65 respectively. So far 10119 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1800.00 on 23-Jul-2015 and a 52 week low of Rs. 914.00 on 08-Aug-2014.

Last one week high and low of the scrip stood at Rs. 1800.00 and Rs. 1669.90 respectively. The current market cap of the company is Rs. 27989.32 crore.

The promoters holding in the company stood at 58.35% while Institutions and Non-Institutions held 15.57% and 26.05% respectively.

Bajaj Finserv has reported 70.51% rise in its net profit at Rs 13.59 crore for the quarter ended June 30, 2015 as compared to Rs 7.97 crore for the same quarter in the previous year. The company’s total income has increased by 53.01% to Rs 39.08 crore for the quarter under review from Rs 25.54 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 46.19% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 466.90 crore for the quarter ended June 30, 2015 as compared to Rs 319.37 crore for the same quarter in the previous year. Total income of the company has increased by 35.70% at Rs 2211.86 crore for quarter under review as compared to Rs 1629.93 crore for the quarter ended June 30, 2014.