Bajaj Finance will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

Customer franchise as of 31 December 2024 stood at 97.12 million as against 80.41 million as of 31 December 2023. Assets under management (AUM) jumped by 28% to approximately Rs 398,000 crore as of 31 December 2024 as compared to Rs 310,968 crore as of 31 December 2023. The company's deposits book was around Rs 68,800 crore as of 31 December 2024 as compared to Rs 58,008 crore as of 31 December 2023, up 19%. Bajaj Finance is one of India's leading and most diversified financial services companies. The company is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME, and commercial customers with a significant presence. Bajaj Finance's consolidated net profit jumped 13.03% to Rs 4,013.74 crore on a 27.72% rise in total income to Rs 17,095.41 crore in Q2 FY25 over Q2 FY24. Shares of Bajaj Finance rose 0.32% to end at Rs 7,411.50 on the BSE on Friday.Powered by Capital Market - Live

The brokerage reiterated its Buy rating on the stock with a price target of Rs 8,150. The brokerage cited expectations of stable loan growth and a positive outlook for net interest margins (NIMs), projecting a 3-5 basis point (bps) improvement. However, the report emphasized that updates on the company's ongoing management transition will be crucial in assessing its long-term prospects. ' 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. Bajaj Finance's consolidated net profit jumped 13.03% to Rs 4,013.74 crore on 27.72% rise in total income to Rs 17,095.41 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 7128.8, up 0.04% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 24528.95. The Sensex is at 81248.89, down 0.05%. Bajaj Finance Ltd has added around 8.85% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 6.12% in last one month and is currently quoting at 24726.95, down 0.43% on the day. The volume in the stock stood at 7.12 lakh shares today, compared to the daily average of 10.14 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 7143.75, up 0.11% on the day. Bajaj Finance Ltd is down 4.62% in last one year as compared to a 15.8% gain in NIFTY and a 14.72% gain in the Nifty Financial Services index.The PE of the stock is 32.4 based on TTM earnings ending September 24.Powered by Capital Market - Live

The key equity benchmarks continued traded with minor gains in afternoon trade. The Nifty traded near 24,650 mark after hitting the day's low of 24,583.85 in morning trade. Metal, auto and FMCG shares advanced while PSU bank, media and bank shares declined. At 13:25 IST, the barometer index, the S&P BSE Sensex, gained 98.84 points or 0.12% to 81,609.27. The Nifty 50 index added 40.75 points or 0.17% to 24,650.80. In the broader market, the S&P BSE Mid-Cap index added 0.18% and the S&P BSE Small-Cap index rose 0.39%. The market breadth was positive. On the BSE, 2,159 shares rose and 1,764 shares fell. A total of 130 shares were unchanged. Gainer & Losers: Bajaj Finance (up 2.24%), Shriram Finance (up 2.23%), Britannia Industries (up 1.95%), Asian Paints (up 1.40%) and Nestle India (up 1.35%) were the major Nifty gainers. Adani Ports & Special Economic Zone (down 1.05%), HCL Technologies (down 0.64%), Adani Enterprises (down 0.56%), State Bank of India (down 0.56%) and JSW Steel (down 0.45%) were major Nifty losers. Stocks in Spotlight: Senco Gold fell 0.92%. The company announced that its board has approved the opening of issue of qualified institutional placement (QIP) of equity shares with the floor price of Rs 1,139.49 per share. NTPC Green Energy advanced 0.92%. The company's wholly owned subsidiary, NTPC Renewable Energy (NTPC REL) has secured 500 MW of solar power capacity at a tariff of Rs 3.52 per KWh from the Solar Energy Corporation of India (SECI). H.G. Infra Engineering rallied 4.03% after the company said that it has received letter of award (LoA) from the Ministry of Road Transport and Highways (MORTH) for a hybrid annuity model (HAM) project in Uttar Pradesh. Saakshi Medtech and Panels hit an upper circuit of 10% after the company announced that it has received letter of business award (LoBA) worth Rs 250 crore from Mahindra & Mahindra for Supply of EV Panels. PNC Infratech jumped 9.32% after its subsidiary, Hathras Highways received provisional completion certificate for Uttar Pradesh-based national highway project awarded by NHAI on HAM dated 7 December 2023. Poonawalla Fincorp rose 1.59% after the company's nomination and remuneration committee, had approved the appointment of Salil Hajarnis as the chief technology officer (CTO) of the company. Alembic Pharmaceuticals declined 1.34%. The company has successfully completed the Brazilian Health Regulatory Agency (ANVISA) GMP audit at active pharmaceutical ingredient (API)-II Facilty at Panelav for its 8 APIs. The inspection was conducted from 16 to 20 September 2024. Global Markets: European stocks declined while most of the Asian markets advanced on Wednesday as investors eagerly awaited the release of key US inflation data. The data is expected to provide crucial insights into the Federal Reserve's potential interest rate decision next week. Meanwhile, China is gearing up for its annual economic work conference, where policymakers will outline the nation's economic agenda for the coming year. Recent strong stimulus signals from top Chinese leaders have boosted market sentiment, with President Xi Jinping expressing confidence in achieving the country's growth target. In the US, stocks retreated for a second consecutive day, primarily due to weakness in the technology sector. Investors remained cautious ahead of the inflation report and the upcoming Federal Reserve meeting. The S&P 500 fell 0.3% to 6,034.91 points on Tuesday. The NASDAQ Composite fell 0.2% to 19,688.98 points, while the Dow Jones Industrial Average fell 0.4% to 44,247.83 points. Google owner Alphabet Inc. was a standout performer, rising 0.6% after hours following a 5.6% jump during the session. The company announced a new breakthrough in quantum computing, which could herald a sharp increase in computing speeds. Investors are also seeking more cues on what President-elect Donald Trump's policies will entail for inflation and the economy, with his plans for increased trade tariffs expected to increase price pressures.Powered by Capital Market - Live

Bajaj Finance Ltd gained for a third straight session today. The stock is quoting at Rs 7075.35, up 2.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 24643.55. The Sensex is at 81565.76, up 0.07%. Bajaj Finance Ltd has risen around 6.59% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has risen around 5.26% in last one month and is currently quoting at 24802.95, up 0% on the day. The volume in the stock stood at 9.5 lakh shares today, compared to the daily average of 9.6 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 7095, up 2.16% on the day. Bajaj Finance Ltd is down 3.27% in last one year as compared to a 17.88% spurt in NIFTY and a 17.15% spurt in the Nifty Financial Services index.The PE of the stock is 31.54 based on TTM earnings ending September 24.Powered by Capital Market - Live

Bajaj Finance has allotted 1 lakh non-convertible debentures of face value of Rs 1 lakh each aggregating to Rs 1,000 crore on private placement basis on 10 December 2024. Powered by Capital Market - Live

Bajaj Finance Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 6797.7, up 0.86% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 24596.05. The Sensex is at 81427.54, up 0.58%. Bajaj Finance Ltd has dropped around 2.98% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has dropped around 2% in last one month and is currently quoting at 24562.6, up 0.41% on the day. The volume in the stock stood at 5.12 lakh shares today, compared to the daily average of 8.61 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 6807.1, up 0.79% on the day. Bajaj Finance Ltd is down 8.47% in last one year as compared to a 17.47% gain in NIFTY and a 17.3% gain in the Nifty Financial Services index.The PE of the stock is 30.62 based on TTM earnings ending September 24.Powered by Capital Market - Live

Bajaj Finance Ltd dropped for a fifth straight session today. The stock is quoting at Rs 6587.05, down 0.77% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Bajaj Finance Ltd has lost around 8.62% in last one month.Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has eased around 2.01% in last one month and is currently quoting at 23563.65, down 0.79% on the day. The volume in the stock stood at 4.38 lakh shares today, compared to the daily average of 9.89 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 6591.75, down 0.89% on the day. Bajaj Finance Ltd tumbled 8.82% in last one year as compared to a 20.25% rally in NIFTY and a 18.53% spurt in the Nifty Financial Services index.The PE of the stock is 30.23 based on TTM earnings ending September 24.Powered by Capital Market - Live

The Debenture Allotment Committee of Bajaj Finance at the meeting held on 28 October 2024 has allotted 6,020 NCDs at face value of Rs.10 Lakh each and 75,000 NCDs at face value of Rs.1 Lakh each, aggregating to ₹ 1,384.17 crore on private placement basis.Powered by Capital Market - Live