Bajaj Finserv Ltd.

BSE: 532978 | NSE: BAJAJFINSV
Large Cap | Finance - Investment
2002.40
0.90 (0.04%)
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Bajaj Finserv spurts on announcement of Rs 5,500 crore for crop insurance scheme

Date: 29-02-2016

Bajaj Finserv is currently trading at Rs 1605.00, up by 6.55 points or 0.41% from its previous closing of Rs 1598.45 on the BSE.

The scrip opened at Rs. 1595.00 and has touched a high and low of Rs. 1605.00 and Rs. 1587.10 respectively. So far 220 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2160.00 on 04-Aug-2015 and a 52 week low of Rs. 1250.00 on 20-Apr-2015.

Last one week high and low of the scrip stood at Rs. 1700.00 and Rs. 1575.70 respectively. The current market cap of the company is Rs. 25483.31 crore.

The promoters holding in the company stood at 58.36% while Institutions and Non-Institutions held 15.36% and 26.28% respectively.

Finance Minister, Arun Jaitley in its Union Budget 2016-17 proposed Rs 5,500 crore for crop insurance scheme. Further, Govt to launch new health protections schemed, health cover of Rs 1 lakh per family

Bajaj Finserv a part of Bajaj Auto, has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.