Bajaj Finance Share Today:Talking about the shares of Bajaj Finance, this stock has turned a pittance into crores in a long journey of 21 years. If only 10,000 rupees had been invested in this share in 2002, today this capital would have increased to more than one crore rupees. Given this immense growth, Bajaj Finance shares actually turn investors’ houses into goldmines.
Small Capital In The Beginning, Today In Crores
In 2002, a share of Bajaj Finance was available for just Rs 7.75. In this 21-year period, the stock has soared to Rs 6,275. This means that someone who would have initially invested Rs 10,000 in this stock would have become the owner of over Rs 1 crore today. Given this, it is clear how beneficial long-term investment in the stock market can be.
Latest Status of Bajaj Finance
Currently Bajaj Finance share price is around ₹6,932. Which has increased a lot compared to the year 2002. Sometimes the price of this stock goes down. Its price sometimes goes up and down by 4 to 5 percent. And sometimes even in intraday trading this price is seen reduced by 4 percent.
Demand for RBI Ban
Bajaj Finance Company has also proposed to the Reserve Bank of India (RBI) regarding RBI’s ban on sanction of loans under “Insta EMI” and “eCOM”. The company requested that these restrictions be lifted.
Growth in Assets Under Management
Bajaj Finance’s Assets Under Management (AUM) has also seen a huge jump. As of July 31, 2024, the company’s AUM may grow by 34 percent to Rs 330,615 crore, as against Rs 247,379 crore as of July 31, 2023. In Q4 of FY2024, the company’s AMU is seen to increase to Rs 19,647 crore.
Financial Results
Bajaj Finance reported a consolidated profit after tax (PAT) of Rs 3,825 crore in its Q4 FY24 results, a growth of 21 per cent. In the same quarter last year, the company made a profit of Rs 3,158 crore. Which showed it in the fourth quarter of FY23 of the year 2023.
Declaration of Dividend
Bajaj Finance reported net interest income to the company in the fourth quarter of FY24 8013 crores, which has increased by 28%. While last year this figure was Rs 6,254 crore. Bajaj Finance Share Today has announced a dividend of Rs 36 per equity share of Rs 2 face value. The business of the company’s Bajaj Financial Securities and Bajaj Housing Finance subsidiaries are also included in the consolidated numbers.
Stock Price Boom – Bajaj Finance Share Today
Bajaj Finance Share Today, The share price of Bajaj Finance is seeing a lot of increase. These shares can benefit you in the long run. Bajaj Finance share was Rs 7073 last year. But this year its price seems to have gone down a bit. But don’t worry, this stock fluctuates so much.
Bajaj Finance
- Current Share Price: ₹6,923.60
- Day’s Range: ₹6,832.95 – ₹6,988.70
- 52-Week Range: ₹6,187.80 – ₹8,192.00
- Market Cap: ₹4.28 trillion
- P/E Ratio: 29.33
- EPS: ₹236.89
- Dividend Yield: 0.54%
Demonstration of Customer Franchise and Loan
In FY24, the company has shown the highest growth of 1.15 crores. In Q4 FY24, new loans grew by 20 percent to 76 lakhs, the highest growth in FY24, at 1.15 crores. Bajaj Finance has shown strong growth in new loans and AUM in the fourth quarter of 2023-24. But Bajaj Finance Share Today, The customer franchise of the company has increased by 31 lakh to 6.91 crore till 31 March 2024. While in Q4 FY23 it was 63 lakhs.
Fiscal Year 2024 Performance
In FY24, the company has shown the largest growth in its customer franchise. At the end of Q4 FY24, shares of Bajaj Finance have seen a rally. The financial results for the fourth quarter of FY25 also showed a strong performance.
Finished with a financial boom
A long-term investor in the stock market can become an owner, as Bajaj Finance shares have proved. 10,000 over a period of 21 years
This stock has shown the feat of turning the stock of rupees more than 1 crore. So money invested in these shares can give you good returns.
Conclusion
Bajaj Finance Share Today, shares have made investors landlords over the years. In its journey from the lows of 2002 to the highs of today, the stock has shown immense growth in its value. Even in today’s market, these shares are a strong attraction for investors. Looking at this unique journey of Bajaj Finance, it is clear that long-term investment and making the right choices can yield a lot of equity in the stock market.
