The Indian stock market has been on a long losing streak, with the Nifty 50 dropping to 22,319 and the BSE Sensex falling to 73,859. This decline is driven by economic uncertainty, weak earnings, high valuations, FII selling, and global factors like gold price movements. Despite such a downturn, Bajaj Finance has surged over 26 [...]
The Indian stock market has declined for nine consecutive sessions with the Nifty 50 facing major losses. The Nifty 50 hit a low of 22,725, while the BSE Sensex fell to 75,294, losing over 3,000 points. This was impacted by economic uncertainty, weak earnings, high valuations, FII selling, and global factors such as gold price [...]
Indian benchmark indices ended lower on September 27 with Nifty around 26,150. At close, the Sensex was down 264.27 points or 0.31 percent at 85,571.85, and the Nifty was down 37 points or 0.14 percent at 26,179. Here are the five stocks with upside potential of up to 43%; Lumax Auto Technologies Ltd Lumax Auto [...]
The benchmark equity indices ended Friday’s trading session in negative territory. The overall market capitalisation of the firms listed on the BSE dropped to nearly Rs. 446.3 lakh crore, making investors poorer by about Rs. 8 lakh crore in a single session. At close, the NSE Nifty 50 plunged 269.95 points or 1.09 percent to [...]
The share price of this prominent finance company increased by 5.4 percent after its subsidiary company received approval from Its board for the commencement of an Initial Public Offering ( IPO). With a market capitalization of Rs 4,28,546 crores, at 12:30 pm. The shares of Bajaj Finance Limited moved up by 5.2 percent, trading at [...]
India is a land of opportunities. The Indian market includes a broad spectrum of industries in many sectors, but just a handful of businesses are demonstrating a substantial rise in their market share over time. This is owing to upgrading market circumstances as well as strategic planning and forecasting. Here are 3 companies that have [...]
The shares of Bajaj Finance Limited opened at Rs 6,490 and tumbled by more than 7 percent to reach an intra-day low of Rs 6,025.05. The shares tanked despite the company marking the highest loans booked in a quarter at 7.8 MM compared to 7.4 MM in Q3 FY22. The company’s assets under management grew [...]
The shares of Bajaj Finance, the lending arm of Bajaj Finserv Ltd. declined more than 5% today in the early hours of the trading session today to reach their new 52-week low of ₹ 5,355. The broader markets remained under pressure as the benchmark NIFTY50 index shed 413 points or 2.55% and was trading at [...]
Bajaj Finance on Tuesday reported a 79.67% year on year (YoY) increase in its consolidated net profit. In the quarter ended 31 March 2022, it reported a consolidated net profit of ₹ 2,419.51 crores, as compared to ₹ 1,346.64 crores during the same period last year. The company said that this was its highest ever [...]
New Delhi, Jan 18 (PTI) Bajaj Finance on Tuesday reported an 85.5 per cent rise in consolidated net profit at Rs 2,125.29 crore for the third quarter of the current fiscal. Net profit stood at Rs 1,145.98 crore in the year-ago period. Total income increased to Rs 8,535.06 crore for the quarter under review from [...]
