Bajaj Finance is currently trading at Rs. 7184.75, down by 67.05 points or 0.92% from its previous closing of Rs. 7251.80 on the BSE.
The scrip opened at Rs. 7310.00 and has touched a high and low of Rs. 7325.00 and Rs. 7147.80 respectively. So far 31172 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8190.00 on 06-Oct-2023 and a 52 week low of Rs. 6190.00 on 06-Mar-2024.
Last one week high and low of the scrip stood at Rs. 7325.00 and Rs. 7071.00 respectively. The current market cap of the company is Rs. 445218.74 crore.
The promoters holding in the company stood at 54.69%, while Institutions and Non-Institutions held 34.96% and 10.34% respectively.
Bajaj Finance’s new loans booked during Q1FY25 grew by 10% to 10.97 million (provisional) as compared to 9.94 million in Q1 FY24. The Company resumed sanction and disbursal of loans under ‘eCOM’ and ‘Insta EMI Card’ and issuance of EMI cards after the RBI removed the restrictions on these businesses on May 02, 2024. Customer franchise as of June 30, 2024 stood at 88.11 million as compared to 72.98 million as of June 30, 2023. In Q1FY25, the customer franchise increased by 4.47 million.
Its Deposits book stood at around Rs 62,750 crore as of June 30, 2024 as compared to Rs 49,944 crore as of June 30, 2023, a Year-on-Year (Y-O-Y) growth of 26%. Assets under management (AUM) grew by 31% to around Rs 354,100 crore as of June 30, 2024 as compared to Rs 270,097 crore as of June 30, 2023. AUM in Q1FY25 grew by around Rs 23,500 crore.
Its net liquidity surplus stood at around Rs 16,200 crore as of June 30, 2024. The Company’s liquidity position remains strong.
Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.