Bajaj Finance Ltd is up for a fifth straight session today. The stock is quoting at Rs 7794.65, up 0.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 17872.55. The Sensex is at 59944.11, up 0.45%. Bajaj Finance Ltd has gained around 4.9% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has gained around 0.73% in last one month and is currently quoting at 18336.95, down 0.24% on the day. The volume in the stock stood at 5.54 lakh shares today, compared to the daily average of 12.46 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 7823.15, up 0.52% on the day. Bajaj Finance Ltd is up 134.93% in last one year as compared to a 50.01% jump in NIFTY and a 57.04% jump in the Nifty Financial Services index.

The PE of the stock is 119.03 based on TTM earnings ending June 21.

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The NBFC major's customer franchise grew 19.7% to 52.8 million as of 30 September 2021 from 44.1 million on 30 September 2020.

The company said it acquired 2.4 million new customers in Q2 FY22 as compared to 1.2 million in Q2 FY21. New loans booked during Q2 FY22 were at 6.3 million as compared to 3.6 million in Q2 FY21.

Assets under management (AUM) grew 21.74% and stood at approximately Rs 166,900 crore as of 30 September 2021 as compared to Rs 137,090 crore as of 30 September 2020. The company further said that the AUM in Q2 FY22, adjusted for IPO financing receivable grew by approximately Rs 10,600 crore.

Bajaj Finance's deposit book stood at approximately Rs 28,700 crore as of 30 September 2021 as compared to Rs 21,669 crore as of 30 September 2020. Deposit book in Q2 FY22 grew by approximately Rs 750 crore

Consolidated liquidity surplus stood at approximately Rs 16,500 crore as of 30 September 2021. The company said its liquidity position remained strong. The NBFC continues to remain well capitalized with capital adequacy ratio (CRAR) of approximately 27.7% as of 30 September 2021.

Bajaj Finance is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits and value-added services.

The Bajaj Group company's consolidated net profit rose 4% to Rs 1,002 crore on 1% increase in total income to Rs 6,743 crore in Q1 FY22 over Q1 FY21.

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Bajaj Finance will hold a meeting of the Board of Directors of the Company on 26 October 2021.

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Bajaj Finance Ltd is up for a third straight session today. The stock is quoting at Rs 7562, up 1.61% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.25% on the day, quoting at 17439.7. The Sensex is at 58592.23, up 0.17%. Bajaj Finance Ltd has gained around 11.99% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has gained around 5.26% in last one month and is currently quoting at 18177.95, down 0.28% on the day. The volume in the stock stood at 7.47 lakh shares today, compared to the daily average of 13.7 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 7567, up 1.58% on the day. Bajaj Finance Ltd is up 128.94% in last one year as compared to a 56.36% jump in NIFTY and a 74.05% jump in the Nifty Financial Services index.

The PE of the stock is 114.35 based on TTM earnings ending June 21.

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