Bajaj Finance Ltd Share Price – NSE  / BSE

Finance, Mid Cap

Bajaj Housing Finance, pursuant to its IPO, has on 12 September 2024:

• Allotted 50,85,71,428 equity shares of Rs. 10 each to successful Bidders, which were issued for subscription pursuant to the Fresh Issue; and

• Approved the transfer of 42,85,71,428 equity shares of Rs. 10 each to successful Bidders, which were offered for sale by the Company.

As a result of the above, the Bajaj Finance's shareholding in Bajaj Housing Finance stands reduced from 100% to 88.75% (i.e., from 781,95,75,273 to 739,10,03,845 equity shares), of the issued and paid-up equity share capital of Bajaj Housing Finance.

Consequent to the above, BHFL ceases to be a wholly-owned subsidiary of the Company. However, it continues to remain a subsidiary of the Company.

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Bajaj Finance Ltd is up for a third straight session today. The stock is quoting at Rs 7622.6, up 2.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 25384.2. The Sensex is at 82994.24, up 0.04%. Bajaj Finance Ltd has gained around 18.02% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has gained around 6.15% in last one month and is currently quoting at 23945.6, up 0.15% on the day. The volume in the stock stood at 14.06 lakh shares today, compared to the daily average of 12.28 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 7655.6, up 2.98% on the day. Bajaj Finance Ltd is up 1.71% in last one year as compared to a 26.27% jump in NIFTY and a 17.5% jump in the Nifty Financial Services index.

The PE of the stock is 35.12 based on TTM earnings ending June 24.

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Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 7165.5, up 1.44% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25240.45. The Sensex is at 82401.53, up 0.32%. Bajaj Finance Ltd has added around 5.27% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 1.12% in last one month and is currently quoting at 23581.7, up 0.4% on the day. The volume in the stock stood at 7.4 lakh shares today, compared to the daily average of 9.14 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 7220, up 1.48% on the day. Bajaj Finance Ltd is up 0.03% in last one year as compared to a 31.09% jump in NIFTY and a 20.8% jump in the Nifty Financial Services index.

The PE of the stock is 33.41 based on TTM earnings ending June 24.

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Bajaj Finance Ltd gained for a fifth straight session today. The stock is quoting at Rs 6755.5, up 0.3% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 24824.75. The Sensex is at 81098.08, up 0.24%. Bajaj Finance Ltd has risen around 0.42% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has risen around 0.21% in last one month and is currently quoting at 23143.65, up 0.48% on the day. The volume in the stock stood at 3.17 lakh shares today, compared to the daily average of 9.74 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 6772.15, up 0.29% on the day. Bajaj Finance Ltd is down 5.07% in last one year as compared to a 27.67% spurt in NIFTY and a 17.86% spurt in the Nifty Financial Services index.

The PE of the stock is 31.85 based on TTM earnings ending June 24.

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