Bajaj Finserv Ltd Share Price – NSE  /  BSE

Finance, Mid Cap

Bajaj Finserv will hold a meeting of the Board of Directors of the Company on 26 April 2024.

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Bajaj Finserv Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1599.6, up 0.94% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 21998.95. The Sensex is at 72607.83, up 0.7%. Bajaj Finserv Ltd has risen around 0.44% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has risen around 0.27% in last one month and is currently quoting at 20544.25, up 0.87% on the day. The volume in the stock stood at 5.05 lakh shares today, compared to the daily average of 11.31 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 1599.7, up 0.71% on the day. Bajaj Finserv Ltd is up 23.56% in last one year as compared to a 28.26% spurt in NIFTY and a 16.01% spurt in the Nifty Financial Services index.

The PE of the stock is 215.85 based on TTM earnings ending December 23.

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Bajaj Finserv Ltd is up for a third straight session in a row. The stock is quoting at Rs 1608.95, up 1.65% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 22407.15. The Sensex is at 73774.68, down 0.47%. Bajaj Finserv Ltd has added around 3.32% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has added around 4.86% in last one month and is currently quoting at 21005.85, down 0.56% on the day. The volume in the stock stood at 7.83 lakh shares today, compared to the daily average of 10.31 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 1613.55, up 1.62% on the day. Bajaj Finserv Ltd is up 24.18% in last one year as compared to a 30.62% gain in NIFTY and a 18.44% gain in the Nifty Financial Services index.

The PE of the stock is 215.61 based on TTM earnings ending December 23.

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Gross direct premium underwritten in the current financial year up to February 2023 stood at Rs 18,809.96 crore, up 32.3% YoY.

Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 1,050.03 crore for the month of February 2024, up 12.92% as against Rs 929.88 crore recorded in the same period a year ago.

Individual non-single premium were at Rs 607.07 crore (up 34.49% YoY) in February 2023. However, Individual single premium amounted to Rs 42.07 crore (up 5.44% YoY), Group single premium aggregated to Rs 372.31 crore (down 9.19% YoY) and Group yearly renewable premium added up to Rs 28.58 crore (down 0.1% YoY) in the month of February 2024.

For the period from April 2023 to February 2024, Bajaj Allianz's total premium was Rs 9,539.55 crore, up 5.28% from Rs 9,060.83 recorded in the similar period last fiscal.

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 jumped 21.08% to Rs 2,157.67 crore on a 33.47% increase in total income to Rs 29,038.43 crore in Q3 FY24 over Q3 FY23.Powered by Capital Market - Live News