Bajaj Finserv Ltd.

NSE: BAJAJFINSV | BSE: 532978 | ISIN: INE918I01026 | Industry: Holding Companies
| Momentum Trap
1893.5000 40.85 (2.20%)
NSE Apr 08, 2025 12:23 PM
Volume: 1.9M
 

logo
Bajaj Finserv Ltd.
23 Jul 2020
1893.50
2.20%
Sharekhan
Bajaj Finserv (BFS; holding company) saw consolidated net profit in Q1FY21 rise by 43.7% to Rs. 1,215 crore, while revenue increased by 15.6% y-o-y to Rs. 14,190 crore, which were better than expectations, mainly on the back of strong earnings from its insurance subsidiaries. The lending subsidiary Bajaj Finance Ltd (BFL) reported mixed numbers for Q1FY20, with tepid business growth, but a q-o-q improvement in asset quality and a decline in moratorium share to 15.7% of AUM from 27%, was a positive. Assets under management (AUM) stood at Rs. 138,055 crore, down 6% q-o-q due to steps like more stringent loan-to-value (LTV) ratios, tightened credit filters, etc....
Bajaj Finserv Ltd. has an average target of 2158.33 from 4 brokers.
More from Bajaj Finserv Ltd.
Recommended