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.Powered by Capital Market - Live

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. Powered by Capital Market - Live

Bajaj Finserv Ltd rose for a fifth straight session today. The stock is quoting at Rs 1630.7, up 0.16% 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 Finserv Ltd has dropped around 6.75% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv 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 5.85 lakh shares today, compared to the daily average of 15.33 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1633.15, up 0.1% on the day. Bajaj Finserv Ltd is down 4.1% 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 167.38 based on TTM earnings ending September 24.Powered by Capital Market - Live

Bajaj Finserv Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1613.55, down 1.6% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 23452.35. The Sensex is at 77329.05, down 0.32%.Bajaj Finserv Ltd has eased around 8.24% in last one month.Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has eased around 2.86% in last one month and is currently quoting at 23200.3, up 0.29% on the day. The volume in the stock stood at 7.22 lakh shares today, compared to the daily average of 11.8 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1615.25, down 1.64% on the day. Bajaj Finserv Ltd jumped 1.24% in last one year as compared to a 19.08% rally in NIFTY and a 19.21% spurt in the Nifty Financial Services index.The PE of the stock is 168.54 based on TTM earnings ending September 24.Powered by Capital Market - Live

Net profit of Bajaj Finserv rose 8.19% to Rs 2086.97 crore in the quarter ended September 2024 as against Rs 1928.96 crore during the previous quarter ended September 2023. Sales rose 28.78% to Rs 33086.31 crore in the quarter ended September 2024 as against Rs 25692.43 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales33086.3125692.43 29 OPM %37.1338.73 - PBDT6241.295501.00 13 PBT5965.975292.17 13 NP2086.971928.96 8 Powered by Capital Market - Live

The key equity indices traded with substantial gains in mid-morning trade. The Nifty traded above the 24,950 mark. Bank shares rallied after declining in the past six consecutive trading sessions. At 11:28 IST, the barometer index, the S&P BSE Sensex rose 468.63 points or 0.58% to 81,513.68. The Nifty 50 index added 165.85 points or 0.67% to 24,961.60. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 1.41% and the S&P BSE Small-Cap index gained 1.74%. The market breadth was strong. On the BSE, 2,643 shares rose and 1,101 shares fell. A total of 124 shares were unchanged. IPO Update : The initial public offer (IPO) of Garuda Construction and Engineering received bids for 1,34,46,108 shares as against 1,99,04,862 shares on offer, according to stock exchange data at 11:30 IST on Tuesday (08 October 2024). The issue was subscribed 0.68 times. The issue opened for bidding on Tuesday (08 October 2024) and it will close on Thursday (10 October 2024). The price band of the IPO is fixed between Rs 90 to Rs 95 per share. An investor can bid for a minimum of 157 equity shares and in multiples thereof. Buzzing Index : The Nifty Bank index gained 1.13% to 51,046.90. The index fell 7.16% in past six consecutive trading sessions. HDFC Bank (up 1.79%), State Bank of India (up 1.51%), Bank of Baroda (up 1.43%), Axis Bank (up 1.43%) and Federal Bank (up 1.18%), IDFC First Bank (up 1.08%), Canara Bank (up 0.88%), IndusInd Bank (up 0.81%), Kotak Mahindra Bank (up 0.65%) and ICICI Bank (up 0.45%) advanced. On the other hand, Punjab National Bank (down 0.28%) and AU Small Finance Bank (down 0.16%) edged lower. Stocks in Spotlight : Bajaj Finserv declined 0.26%. The company said that its subsidiary, Bajaj Allianz General Insurance Company's gross direct premium underwritten for September 2024 was at Rs 1,689.17 crore, recording a decline of 7.59% year on year (YoY). FSN E-Commerce Ventures (Nykaa) shed 0.57%. The company stated that it has witnessed a strong performance with consolidated net revenue growth of mid-twenties in second quarter of FY25. Rites rose 0.73%. The company said that it has received the LOA for supply and commissioning of overhauled in-service cape gauge ALCO diesel electric locomotives from Ntokoto Rail Holdings. The value of the aforementioned contract is $5.4 million, which at the prevailing exchange translates to Rs 45.33 crore. Global Markets: Most Asian shares tumbled on Tuesday. However, Chinese stocks surged as trading resumed after a week-long break, buoyed by recent stimulus measures from Beijing. Officials are scheduled to provide further details on these measures later today. In contrast, other Asian indices followed Wall Street's downward trend. U.S. stocks fell sharply on Monday as investors anticipated a smaller rate cut from the Federal Reserve due to a stronger-than-expected U.S. jobs report. The major U.S. indexes suffered significant losses on Monday. The Dow Jones Industrial Average fell 0.94%, the S&P 500 dropped 0.96%, and the NASDAQ Composite lost 1.18%. Fears of an escalating Middle East conflict also dampened risk appetite. Meanwhile, the impending landfall of Hurricane Milton, following on the heels of Hurricane Helene, added further anxiety. US tech stocks witnessed a sharp decline. Google's parent company, Alphabet Inc., faced pressure after being ordered to restructure its Android app store. Additionally, negative analyst comments on Amazon and Apple triggered selling in these tech giants. The release of the minutes from the September Federal Reserve meeting, scheduled for Wednesday, will be closely monitored. These minutes will offer insights into the Fed's future rate cut strategy. Thursday's consumer price index data is another key event. Investors will be looking for signs of persistent inflation, which could influence the Fed's monetary policy decisions.Powered by Capital Market - Live

Bajaj Allianz Life Insurance Company's total premium aggregated to Rs 1,052.42 crore for the month of September 2024, down 8.26% as against Rs 1,147.23 crore recorded in the same period a year ago. Individual non-single premium were at Rs 663.05 crore (up 34.02% YoY) in September 2024. Individual single premium amounted to Rs 62.69 crore (up 30.93% YoY) and Group yearly renewable premium added up to Rs 20.46 crore (up 30.73% YoY) in the month of September 2024. However, Group single premium dropped 48.01% YoY to Rs 306.22 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 jumped 10.04% to Rs 2,137.70 crore on 35.22% increase in total income to Rs 31,480.14 crore in Q1 FY25 over Q1 FY24. The scrip declined 0.13% to currently trade at Rs 1,877.45 on the BSE. Powered by Capital Market - Live

Bajaj Finserv will hold a meeting of the Board of Directors of the Company on 23 October 2024Powered by Capital Market - Live

Bajaj Finserv Ltd rose for a third straight session today. The stock is quoting at Rs 2014.95, up 1.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 26212.75. The Sensex is at 85638.69, down 0.23%. Bajaj Finserv Ltd has added around 17.59% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has added around 6.4% in last one month and is currently quoting at 25155.45, down 0.51% on the day. The volume in the stock stood at 14.6 lakh shares today, compared to the daily average of 26.46 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 2022.15, up 1.45% on the day. Bajaj Finserv Ltd is up 30.87% in last one year as compared to a 34.26% gain in NIFTY and a 27.2% gain in the Nifty Financial Services index.The PE of the stock is 226.04 based on TTM earnings ending June 24.Powered by Capital Market - Live

Bajaj Finserv Ltd is up for a third straight session today. The stock is quoting at Rs 1913.7, up 1.23% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.53% on the day, quoting at 25803.45. The Sensex is at 84485.2, up 1.56%. Bajaj Finserv Ltd has gained around 18.06% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finserv Ltd is a constituent, has gained around 6.87% in last one month and is currently quoting at 24403.65, up 1.35% on the day. The volume in the stock stood at 9.28 lakh shares today, compared to the daily average of 26.83 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1908.9, up 1.04% on the day. Bajaj Finserv Ltd is up 25.39% in last one year as compared to a 30.7% jump in NIFTY and a 24.82% jump in the Nifty Financial Services index.The PE of the stock is 215.61 based on TTM earnings ending June 24.Powered by Capital Market - Live