Bajaj Finance Shares: Bajaj Finance Share Price on NSE/BSE
Bajaj Finance shares fell by over 8% on Friday, April 26, coinciding with the company declaring its Q4 results. The stock opened at Rs 7,000.00 in the morning, which was the previous day’s closing. The price was down or continuously falling towards Rs 7,294.90 and has now reached Rs 6,696.50. The stock has fallen by 8.20% now.
Key Points
Bajaj Finance FY24 Q4 Results
Bajaj Finance announced FY24 Q4 results at market close on Thursday April 25 in which net profit increased by 21% year-on-year (YoY) to Rs 3,825. Net income increased to Rs 6,254 crore in FY23 while it increased to Rs 8,013 crore in FY24 which is an increase of 28%.
Now its asset, gross non-performing assets or NPA ratio till March 31, 2024 is at 0.85% and 0.37%, with this it has shown good performance this time as the asset, gross non-performing assets or NPA It remained at 0.94% and 0.34% on March 31, 2023.
Apart from the financial figures, if we look at the performance of Bajaj Finance shares, we can see an increase of 18% in its share price.
Financial Metrices of Bajaj Finance Shares
Today Bajaj Finance shares started the day at Rs 7,000.00 and the high for the day was Rs 7,000.00 and low was Rs 6,726. Total market capitalization is Rs 4.16TCr. The stock’s 52-week high is Rs 8,192.00 and the stock’s 52-week low is Rs 6,013.30. The company is providing a dividend yield of 0.45% on the other hand it is providing the sector dividend yield of 0.82%. PE ratio of Bajaj Finance shares is 31.23 and sector PE ratio is 19.22. PB ratio of stock is 8.30 and sector PB ratio is 2.86. Bajaj Financeis a non-banking financial company in India.
Financial Growth History of Bajaj Finance
Bajaj Finance Limited Shares listed on both National Stock Exchange (NSE) and BSE (Bombay stock Exchange). If we look at the financial growth history of Bajaj Finance Ltd stock, it has given a return rate of 116.63% in the last 5 years and it has given a return rate of 10.55% in the last 1. In the last 6 months, Bajaj Finance Ltd stock has given a negative return rate of -9.72% to its shareholders and now if we talk about Financial Year 24, it has performed slightly down in the last 1 month and has given a negative return rate of -3. 01%.
In the last 5 years, Bajaj Finance’s revenue growth has increased by 26.55% compared to the industry average growth rate of 14.19% and net income in the last 5 years has increased by 35.75% compared to the industry average growth rate of 21.55%. Bajaj Finance’s market share has increased from 12.75% to 22.97%.
Bajaj Finance Peer Comparison with other Competitors
In this, it has been told that what has been the performance of Bajaj Finance stock and its competitors in the last few years and financial experts have also given their suggestions about the stock.
| Industry Name | PE Ratio | 1 Year Return | Buy Recommendation by Experts |
| Bajaj Finance Ltd | 31.23 | 10.78% | 77% |
| Jio Financial Services Ltd | 151.37 | 53.60% | 0.00% |
| Cholamandalam Investment and Finance Company Ltd | 36.42 | 37.78% | 68.97% |
| Shriram Finance Ltd | 15.58 | 71.77% | 96.77% |
| Muthoot Finance Ltd | 18.39 | 61.63% | 70.00% |
About Bajaj Finance Ltd
Bajaj Finance is a non-banking financial company in India. The headquarters of Bajaj Finance is in Pune. It is the number one leading non-banking financial company among the most leading companies of India. It has more than 43,147 employees and its customer base are 83.14 million and the value of assets is Rs 330,615 crore. Bajaj Finance was established in 1987 and its founder is Rahul Bajaj. Its headquarters is in Pune. Bajaj Finserv Ltd. is the parent company of Bajaj Finance and its revenue growth till 2023 is 13,382 crores. Its subsidiaries are Bajaj Housing Finance Limited, Bajaj Financial Securities Limited, Bajaj Finance Limited, ESOP.
Bajaj Finance share price target
Share price target for Bajaj Finance for 2024, 2025 and 2030 is only an estimate which keeps increasing or decreasing depending on market trends and conditions. The target price depends on a stock’s future plans, the benefits it provides to its shareholders and its financial history, its financial income growth. But keep this in mind that before making any financial investment, always take advice from your financial expert.
Bajaj Finance share price target for 2024
Share price target for Bajaj Finance for 2024 has been calculated according to its market trends and changes and it could be predicted as Rs 9,895.00.
Bajaj Finance share price target for 2025
Share price target for Bajaj Finance for 2025 could be predicted as Rs 10,111.09. This is just a prediction which is dynamic, if the market trend changes then the price will also change.
Bajaj Finance share price target for 2026
Share price for Bajaj Finance for 2026 could be predicted as Rs 11,275.99.
Bajaj Finance share price target for 2030
Share price target for Bajaj Finance for 2030 could be predicted as Rs 15,619.06. Before making any investment consult with an expert for financial investments.
Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.
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