Bajaj Finance shares are currently trading at ₹7,005.00, marking a gain of 327.60 points or 4.91% from the previous close of ₹6,677.40 on the BSE.
The stock opened at ₹6,639.95, reaching a high of ₹7,026.40 and a low of ₹6,608.45. So far, 26,720 shares have exchanged hands on the counter.
This BSE 'A' group stock, with a face value of ₹2, touched its 52-week high of ₹7,880.00 on October 23, 2023, and a 52-week low of ₹6,190.00 on March 6, 2024.
In the past week, the stock’s high was ₹7,057.05 and its low was ₹6,640.00. The company’s current market capitalization stands at ₹4,32,881.35 crore.
Promoters hold 54.70% of the company, while institutional and non-institutional investors hold 35.90% and 9.40%, respectively.
Bajaj Finance posted a strong 80.75% increase in standalone net profit to ₹5,613.71 crore for Q2 ended September 30, 2024, compared to ₹3,105.75 crore in the same period last year. The company's total income grew by 27% to ₹14,491.79 crore from ₹11,411.02 crore.
On a consolidated basis, Bajaj Finance reported a 13.04% rise in net profit to ₹4,013.74 crore for Q2 FY25, compared to ₹3,550.80 crore a year earlier. Total consolidated income surged by 27.73% to ₹17,095.41 crore from ₹13,384.08 crore during the same quarter last year.