Bajaj Finserv Ltd.

Bajaj Finserv is currently trading at Rs. 2205.90, up by 28.05 points or 1.29% from its previous closing of Rs. 2177.85 on the BSE.

The scrip opened at Rs. 2202.10 and has touched a high and low of Rs. 2242.60 and Rs. 2190.00 respectively. So far 12,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2245.30 on 27-Jun-2016 and a 52 week low of Rs. 1459.20 on 29-Jun-2015.

Last one week high and low of the scrip stood at Rs. 2245.30 and Rs. 1921.05 respectively. The current market cap of the company is Rs. 35,120.31 crore.

The promoters holding in the company stood at 58.36%, while Institutions and Non-Institutions held 15.35% and 26.28% respectively.

Bajaj Finserv is in preliminary talks with its German joint venture (JV) partner Allianz in life and general insurance businesses, on various options. Bajaj Finserv is the financial services unit of Bajaj Holdings and Investments. It has 74 percent stake each in both the ventures.

Earlier in May, there were reports that the testy relationship between Bajaj Finserv and Allianz SE is likely heading to a break-up as they failed to come to a deal on giving a higher stake to the German financial services company in their joint venture insurance firms.

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.