Bajaj Finserv Ltd Share Price – NSE  / BSE

Finance, Mid Cap

Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 1,054.82 crore for the month of December 2024, up 9.70% as against Rs 961.51 crore recorded in the same period a year ago.

Individual non-single premium were at Rs 648.28 crore (up 2.17% YoY) in December 2024. Individual single premium amounted to Rs 39.21 crore (down 18.90% YoY) and Group yearly renewable premium added up to Rs 55.36 crore (down 29.03% YoY) in the month of December 2024. However, Group single premium jumped 55.69% YoY to Rs 311.97 crore during the period under review.

Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. It participates in the financing business through its 52.45% holding in Bajaj Finance and in the protection business through its 74% holding in two unlisted subsidiaries, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company.

The company’s consolidated net profit increased 8.9% to Rs 2,086.97 crore on 29.52% jump in total income to Rs 33,703.74 crore in Q2 FY25 over Q2 FY24.

The scrip shed 0.49% to Rs 1,676.15 on the BSE

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Bajaj Finserv will hold a meeting of the Board of Directors of the Company on 30 January 2025.

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Bajaj Finserv Ltd is down for a fifth straight session today. The stock is quoting at Rs 1585, down 0.29% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.93% on the day, quoting at 23729.80078125. The Sensex is at 78412.16, down 1.02%.Bajaj Finserv Ltd has added around 1% in last one month.Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has increased around 2.02% in last one month and is currently quoting at 23906.6, down 0.68% on the day. The volume in the stock stood at 8.97 lakh shares today, compared to the daily average of 16.05 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 1584.55, down 0.62% on the day. Bajaj Finserv Ltd tumbled 4.91% in last one year as compared to a 11.64% rally in NIFTY and a 11.33% spurt in the Nifty Financial Services index.

The PE of the stock is 163.43 based on TTM earnings ending September 24.

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Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 659.35 crore for the month of November 2024, down 10.69% as against Rs 738.29 crore recorded in the same period a year ago.

Individual non-single premium were at Rs 407.95 crore (down 12.78% YoY) in November 2024. Individual single premium amounted to Rs 17.95 crore (down 17.95% YoY) and Group yearly renewable premium added up to Rs 25.77 crore (down 46.55% YoY) in the month of November 2024. However, Group single premium rose 5.58% YoY to Rs 193.90 crore during the period under review.

Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. It participates in the financing business through its 52.45% holding in Bajaj Finance and in the protection business through its 74% holding in two unlisted subsidiaries, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company.

The company’s consolidated net profit increased 8.9% to Rs 2,086.97 crore on 29.52% jump in total income to Rs 33,703.74 crore in Q2 FY25 over Q2 FY24.

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