{"id":116714,"date":"2024-01-04T11:24:19","date_gmt":"2024-01-04T05:54:19","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=116714"},"modified":"2024-01-04T12:31:24","modified_gmt":"2024-01-04T07:01:24","slug":"large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/","title":{"rendered":"Large cap NBFC stock jumps 4.6% after company&#8217;s revenue increases by 34% YoY"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-469744719\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2035024606\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>According to Bajaj Finance Ltd, the company&#8217;s customer base increased by from 3.85 million in Q3FY23, reaching 80.41 million in Q3FY24 by the end of the year. Loan bookings increased 26 percent year on year to 9.86 million in Q3FY24 as compared to Q3FY23.&nbsp;<\/p><p>Also, the Assets under management (AUM) increased 35 percent to 311,000 crore in Q3FY24. The liquidity position remains robust with a net surplus of Rs 11,600 crore, and deposits grew 35 percent to Rs 58,000 crore in Q3FY24.&nbsp;<\/p><p>According to the company report, the net revenue increased by 34 percent year over year, from Rs 9,970 crore in Q2FY23 to Rs 13,378 crore in Q2FY24. Their revenue also rose 7 percent sequentially from Rs 12,498 crore in Q1FY24 to the current levels.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1589718009\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>In addition, the company&#8217;s net profit rose by 27 percent year over year, from Rs 2,781 crores in Q2FY23 to Rs 3,551 crores in Q2FY24. Their profit increased by 3 percent on a quarterly basis from Rs 3,437 crore in Q1FY24 to the current levels.&nbsp;<\/p><p>The company has a return on equity of 23 percent, a return on capital employed of 11 percent with a net profit margin of 27 percent.&nbsp;<\/p><p>Bajaj Finance Limited is a large-cap company with a market capitalization of Rs 4,70,748 Crores, the share price of the company rose by 16 percent in the last year.&nbsp;<\/p><p>The company promoter owns 56 percent of the company, the general public owns 11 percent, foreign institutional investors own 20 percent, and domestic institutional investors own 13 percent.&nbsp;<\/p><p>Bajaj Finance is primarily in the lending business. BFL has a diverse lending portfolio that includes retail, SME, and commercial customers, and it has a strong presence in both urban and rural India.&nbsp;<\/p><p><strong>Written by Sriram KV<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-3295126510\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1320028215\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.&nbsp; According to Bajaj Finance Ltd, the company&#8217;s customer base increased by from 3.85 million in Q3FY23, reaching [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-116714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Large cap NBFC stock jumps 4.6% after company&#039;s revenue increases by 34% YoY - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Large cap NBFC stock jumps 4.6% after company&#039;s revenue increases by 34% YoY\" \/>\n<meta property=\"og:description\" content=\"On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-04T05:54:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-04T07:01:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/\",\"url\":\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/\",\"name\":\"Large cap NBFC stock jumps 4.6% after company's revenue increases by 34% YoY - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\",\"datePublished\":\"2024-01-04T05:54:19+00:00\",\"dateModified\":\"2024-01-04T07:01:24+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Large cap NBFC stock jumps 4.6% after company&#8217;s revenue increases by 34% YoY\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Large cap NBFC stock jumps 4.6% after company's revenue increases by 34% YoY - Trade Brains Features","description":"On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/","og_locale":"en_US","og_type":"article","og_title":"Large cap NBFC stock jumps 4.6% after company's revenue increases by 34% YoY","og_description":"On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-01-04T05:54:19+00:00","article_modified_time":"2024-01-04T07:01:24+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/","url":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/","name":"Large cap NBFC stock jumps 4.6% after company's revenue increases by 34% YoY - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","datePublished":"2024-01-04T05:54:19+00:00","dateModified":"2024-01-04T07:01:24+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"On Thursday the share price of the large-cap company rose by 4.6 percent to its intraday high of Rs 7,724.9 from its previous close of Rs 7,382.15 after the company announced its business update for the third quarter.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/large-cap-nbfc-stock-jumps-4-6-after-companys-revenue-increases-by-34-yoy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Large cap NBFC stock jumps 4.6% after company&#8217;s revenue increases by 34% YoY"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/116714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=116714"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/116714\/revisions"}],"predecessor-version":[{"id":116717,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/116714\/revisions\/116717"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/98559"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=116714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=116714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=116714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}