Previous close | 6,747.15 |
Open | 6,725.00 |
Bid | 6,738.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 6,725.00 - 6,758.00 |
52-week range | 6,187.80 - 8,192.00 |
Volume | |
Avg. volume | 1,347,986 |
Market cap | 4.165T |
Beta (5Y monthly) | 0.94 |
PE ratio (TTM) | 28.54 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 36.00 (0.54%) |
Ex-dividend date | 20 Jun 2024 |
1y target est | N/A |
Shares of India's Bajaj Finance rose as much as 7.5% on Friday, their biggest intra-day jump in nearly two years, after the Indian central bank reversed a five-month ban on some of its lending products. The Reserve Bank of India reversing its ban lifted the overhang on Bajaj Finance and the stock could see a relief rally after being under pressure since results last week, Morgan Stanley analysts said. Bajaj Finance's stock is now little changed so far this year, compared with a 2.8% gain in the finance index and a 4.8% rise in the benchmark Nifty 50 index.
In this article, we will look into the top 20 most valuable Indian companies. If you want to skip our detailed analysis, you can go directly to the Top 5 Most Valuable Indian Companies. An Outlook of the Indian Economy According to Deloitte’s Indian Economic Outlook 2023, The Indian economy is poised to emerge as […]
Indian non-banking finance companies (NBFCs), including Bajaj Finance, L&T Finance and SBI Cards and Payment Services, are likely to tap the bond market to raise funds following the central bank's tighter rules for personal loans, six banking sources told Reuters. The rules, which raise the capital that banks need to set aside for personal loans directly and indirectly via NBFCs, will mean that bank borrowings for NBFCs are set to become more expensive, pushing lenders to tap the bond market.