The company's market valuation declined by Rs 31,727.37 crore to Rs 4,06,645.63 crore on the BSE
CLOSING BELL: Life Insurance Corporation of India (LIC) will come out with its IPO on May 4
Brokerage firm Motilal Oswal Financial Services expects net interest margins (NIMs) to compress in FY23 due to yield pressure and higher borrowing cost.
Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.
Dividend Rs 20 per share for FY22
CLOSING BELL: Sectorally, all the indices ended in the green zone, led by the Nifty Realty and Auto indices, up 3.5 per cent and 3 per cent, respectively
Stocks to Watch today: Bajaj Finance, HDFC Life, Macrotech Developers, KPIT Technologies are among those slated to announce their Q4 earnings today.
Shares of the company jumped 2.70% to settle at Rs 2,864.75 on BSE
Bajaj Finance on Tuesday beat mortgage lender HDFC in terms of market capitalisation (m-cap) to become the eighth-most valued stock on the BSE
HDFC Bank's quarterly show was in-line; Bajaj Finance was ahead on some metrics but low penetration of new app disappointed
Bajaj Finance stock on Wednesday surrendered all its early gains and settled over 2 per cent lower on profit-taking.
Bajaj Finance hits new high on Q3 results; falls on profit-booking later; Paytm hits new low; declines 26% in three weeks; AGS Transact Technologies IPO subscribed 85% on day 1
Stock market LIVE: Sector-wise, only Auto, metals and energy stocks were trading higher. Meanwhile, Nifty IT index, down nearly 2 per cent , was still the biggest loser. .
The NBFC reported a strong 85 per cent YoY jump in consolidated net profit at Rs 2,125 crore, beating Street estimates.
Aptech, Bajaj Auto, Ceat, JSW Energy, L&T Infotech, Mastek, Oracle Financial Services, Rallis India, Saregama and Tata Communications to announce December quarter results on Wednesday
To infuse Rs 2.9k cr as equity in two subsidiaries
Net interest income for Q3FY22 increased by 40% to Rs 6,000 cr
In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively
Bajaj Finance, ICICI Prudential Life, Just Dial, Jyoti Structures, LT Technology Services and Tata Elxsi are scheduled to announce December quarter results today.
In Q3FY22, Bajaj Finance's assets under management (AUM) grew 8.6 per cent quarter on quarter (QoQ) to Rs 1.81 trillion.