Page 12 - Bajaj Finance

Bajaj Finance Q1 net up 43% to Rs 1,195 crore on higher interest income

Net interest income of the company registered a 43 per cent jump at Rs 3,695 crore

Today's picks: From ITC to Bajaj Finance, hot stocks to watch on Tuesday

For ITC, keep a stop at 266 and go short. Add to the position between 261-262. Book profits at 260

Bajaj Finance hits two-month low, down 8% in two days

The stock is trading at its lowest level since May 17 and has corrected 15 per cent from its all-time high level of Rs 3,761 touched on July 5

Bajaj Finance records sharpest intra-day fall in over five months, tanks 8%

Thus far in the calendar year 2019, the stock has outperformed the market by surging 41 per cent, as compared to 10 per cent gain in the S&P BSE Sensex.

Bajaj Finance's mastery of volume game visible in Q4 performance

From washing machines to mobile phones and furniture, diversification has play out well for the non-banking lender; asset quality steady

Waning demand likely to put brakes on Bajaj Finance's stock ride

The valuation of the country's most expensive NBFC stock at 6.6 times the FY20 book value is quite demanding

Despite tough operating climate, Bajaj Finance's Q3 net profit jumps 54%

With concerns on funding costs put to rest, Bajaj Finance stocks rose over 2 per cent on Tuesday

Bajaj Finance gains 7% post September-quarter results

The stock was up 7% to Rs 2,230 on the BSE in early morning trade on Wednesday, recovered 11% from its Tuesday's low of Rs 2,001 post September-quarter results.

Bajaj Finance bracing for tougher times, to raise share of deposits to 25%

In the wake of money becoming expensive, the lender turns to depositors for funds

Bajaj Finance reports 54% jump in net profit at Rs 9.23 billion in Q2

The company had reported a net profit of Rs 5.98 billion in the year-ago period

Many reasons why Bajaj Finance stock will remain an outperformer

Strong loan growth thanks to increasing aspirational buyers and healthy asset quality could keep story intact

Bajaj group knocks out Aditya Birla from 3rd spot in m-cap battle

Over the past year, Bajaj group had been fighting a neck-and-neck battle with the Birlas for the third spot

Bajaj Finance's stellar show on strong demand; net profit rises 81% in Q1

The faster growth was despite some headwinds in the form of volatile weather which impacted demand

Bajaj Finance hits new high post Q1 results; stock rebounds 7%

The stock hit new high of Rs 2,536, up 2%, bouncing back 7.4% from intra-day low of Rs 2,360 on the BSE.

Bajaj Finance hits new high; stock rises 32% in two months since Q4 results

Bajaj Finance hit a new high of Rs 2,460 on the BSE, rising by 2% today and extending their 2.5% gain on Thursday, on expectations of healthy financial performance in Q1FY19.

Bajaj Finance shares hit new high; Infosys nears record high

Bajaj Finance hit a new high of Rs 2,190, up 1.6% on the BSE, while Infosys touched a fresh 52-week high of Rs 1,257, up 1.7%, trading close to its all-time high of Rs 1,278 hit on June 3, 2016.

Bajaj Finance, Bajaj Finserv hit record highs in a flat market

Bajaj Finance hit a new high of Rs 2,177, surging 19% in past eight trading sessions, as compared to 2.2% decline in Sensex since May 10, 2018

Q4 results: Bajaj Finance profit suggests no dearth of growth, stock gains

With strong AUM increase, the company posted one of its highest quarterly profit growth; expansion in rural lending to aid future earnings

Bajaj Finance hits record high as Q4 profit beats estimates;stock surges 7%

The stock rallied 7% to Rs 2,045, also its record high on the BSE, after the company reported a better than expected 60% YoY jumped in its standalone net profit at Rs 7.21 billion in March quarter

Rivals catching up faster with Bajaj Finance

In an unusual reaction to its quarterly results, the stock of Bajaj Finance dipped by about 3.4 per cent to close at Rs 1,888.85 apiece on Monday despite the financials being in-line with Street expectations. While part of the fall could be attributed to the sharp rally of 133 per cent in CY2017 alone, a finer reading of its September quarter (Q2) performance indicates that competition is perhaps catching up faster than expected on Bajaj Finance's consumer durables business. While the assets under management (AUM) for its core consumer lending business grew by a robust 42 per cent year-on-year to Rs 33,815 crore in Q2, disbursal of its vehicle financing and consumer durables financing segments were wobbly, prompting investors to ask if Bajaj Finance should up its ante in these segments. As a rub-off of Bajaj Auto's unstable domestic sales volumes in the recent times, vehicle loan disbursals (two-wheelers and three-wheelers) dipped for the first time in many quarters by four per cent ..