Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
999.80
1.30 (0.13%)
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Bajaj Finance surges on reporting 53% jump in Q1 net profit

Date: 17-07-2012

Bajaj Finance is currently trading at Rs. 978.00, up by 13.35 points or 1.38% from its previous closing of Rs. 964.65 on the BSE.

The scrip opened at Rs. 969.00 and has touched a high and low of Rs. 1010.00 and Rs. 969.00 respectively. So far 25291 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 980.00 on 16-Jul-2012 and a 52 week low of Rs. 585.15 on 06-Jan-2012.

Last one week high and low of the scrip stood at Rs. 980.00 and Rs. 915.00 respectively. The current market cap of the company is Rs. 4032.74 crore.

The promoters holding in the company stood at 61.06% while Institutions and Non-Institutions held 17.65% and 21.29% respectively.  

Bajaj Finance has registered a surge of 52.73% in its net profit at Rs 138.69 crore for the quarter under review as compared to Rs 90.81 crore for the same quarter in the previous year. Total income of the company has increased by 55.91% at Rs 701.27 crore for Q1FY13 as compared Rs 449.67 crore for the corresponding quarter previous year.

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.