Bajaj Finance Limited (BAJFINANCE.NS)
| Previous close | 6,647.75 |
| Open | 6,675.05 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 6,667.10 - 6,808.40 |
| 52-week range | 6,187.80 - 8,192.00 |
| Volume | |
| Avg. volume | 1,206,937 |
| Market cap | 4.199T |
| Beta (5Y monthly) | 1.01 |
| PE ratio (TTM) | 28.01 |
| EPS (TTM) | 242.39 |
| Earnings date | 15 Oct 2024 - 19 Oct 2024 |
| Forward dividend & yield | 36.00 (0.53%) |
| Ex-dividend date | 21 Jun 2024 |
| 1y target est | N/A |
- Reuters
India's Bajaj Finance forecasts improvement in loan losses from Q3
BENGALURU (Reuters) -India's Bajaj Finance said on Tuesday it expects to see normalisation in loan losses only from October, after it missed first-quarter profit estimates due to higher provisions. "Loan losses may remain at current levels in second-quarter and should start to normalize by the third-quarter," the company said in a post-earnings release. The non-banking financial company's loan losses and provisions rose due to muted collection efficiencies, which is the percentage of loan's demanded amount that is collected.
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- Reuters
India's Bajaj Finance jumps most in nearly two years after lending ban lifted
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.
