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India

Bajaj Finance Ltd (BJFN.NS)

BJFN.NS on National Stock Exchange of India

3,702.20INR
20 Sep 2019
Change (% chg)

Rs340.15 (+10.12%)
Prev Close
Rs3,362.05
Open
Rs3,385.30
Day's High
Rs3,750.00
Day's Low
Rs3,282.65
Volume
5,648,086
Avg. Vol
2,027,462
52-wk High
Rs3,762.00
52-wk Low
Rs1,912.20

Latest Key Developments (Source: Significant Developments)

India's Bajaj Finance June-Qtr PAT Rises
Thursday, 25 Jul 2019 

July 25 (Reuters) - Bajaj Finance Ltd ::JUNE QUARTER PROFIT AFTER TAX 11.25 BILLION RUPEES VERSUS PROFIT OF 8.34 BILLION RUPEES LAST YEAR.JUNE QUARTER TOTAL REVENUE FROM OPERATIONS 52.98 BILLION RUPEES VERSUS 37.90 BILLION RUPEES LAST YEAR.ASSETS UNDER MANAGEMENT AS OF 30 JUNE, 2019 GREW BY 41% TO 1.29 TRLN RUPEES.LOAN LOSSES AND PROVISIONS FOR Q1 FY20 WAS UP BY 69%.PROVISIONING COVERAGE RATIO AS OF 30 JUNE 2019 WAS 61%.SAYS END-JUNE GROSS NPA 1.60% VERSUS 1.54% AT END-MARCH, NET NPA 0.64% VERSUS 0.63% AT END-MARCH.  Full Article

Bajaj Finance's Q1 New Loans, Assets Under Management Rise
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Bajaj Finance Ltd ::Q1 NEW LOANS BOOKED 7.3 MM VERSUS 5.6 MM LAST YEAR.ASSETS UNDER MANAGEMENT STOOD AT ABOUT 1.29 TRLN RUPEES AS OF JUNE 30, 2019 COMPARED TO 912.87 BILLION RUPEES AS OF JUNE 30, 2018.  Full Article

India's Bajaj Finance March-Qtr Profit Rises
Thursday, 16 May 2019 

May 16 (Reuters) - Bajaj Finance Ltd ::MARCH QUARTER PROFIT AFTER TAX 11.14 BILLION RUPEES VERSUS PROFIT OF 7.43 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 10.67 BILLION RUPEES.MARCH QUARTER TOTAL REVENUE FROM OPERATIONS 48.87 BILLION RUPEES VERSUS 34.21 BILLION RUPEES LAST YEAR.AUM AS OF MARCH 31, 2019 ROSE 41 PERCENT TO 1.16 TRLN RUPEES.RECOMMENDED DIVIDEND OF 6 RUPEES PER SHARE.  Full Article

India's Bajaj Finance Sept-Qtr Consol PAT Rises
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Bajaj Finance Ltd ::SEPT QUARTER CONSOL PAT 9.23 BILLION RUPEES.SEPT QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 42.56 BILLION RUPEES.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 8.60 BILLION RUPEES.CONSOL PROFIT AFTER TAX IN SEPT QUARTER LAST YEAR WAS 5.98 BILLION RUPEES AS PER IND-AS; CONSOL TOTAL REVENUE FROM OPERATIONS WAS 30.51 BILLION RUPEES.CONSOL AUM AS OF SEPT 30, 2018 WAS 1 TRLN RUPEES.CONSOL GROSS NPA AS OF SEPT 30, 2018 WAS 1.49 PERCENT.CONSOL NET NPA AS OF SEPT 30, 2018 WAS 0.53 PERCENT.  Full Article

India's Bajaj Finance March Qtr PAT Up 60 Pct
Thursday, 17 May 2018 

May 17 (Reuters) - Bajaj Finance Ltd ::MARCH QUARTER PROFIT AFTER TAX 7.21 BILLION RUPEES.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 6.42 BILLION RUPEES.MARCH QUARTER REVENUE FROM OPERATIONS 35.35 BILLION RUPEES.RECOMMENDED DIVIDEND OF 4 RUPEES PER SHARE.PROFIT AFTER TAX IN MARCH QUARTER LAST YEAR WAS 4.49 BILLION RUPEES; REVENUE FROM OPERATIONS WAS 26.62 BILLION RUPEES.GROSS NPA AT QUARTER END 1.48 PERCENT.NET NPA AT QUARTER END 0.38 PERCENT.  Full Article

Bajaj Finance Gets Shareholders' Nod To Raise Borrowing Powers Of Co To Up To 1 Trln Rupees
Monday, 12 Mar 2018 

March 12 (Reuters) - Bajaj Finance Ltd ::GETS SHAREHOLDERS' NOD TO RAISE BORROWING POWERS OF CO TO UP TO 1 TRLN RUPEES.  Full Article

India's Bajaj Finance Dec-Qtr PAT Up About 38 Pct
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Bajaj Finance Ltd ::DEC QUARTER PROFIT AFTER TAX 7.67 BILLION RUPEES.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 7.44 BILLION RUPEES.DEC QUARTER REVENUE FROM OPERATIONS 35.41 BILLION RUPEES.PROFIT AFTER TAX IN DEC QUARTER LAST YEAR WAS 5.56 BILLION RUPEES; REVENUE FROM OPERATIONS WAS 26.88 BILLION RUPEES.APPROVED FUND RAISING VIA NCDS AS PART OF INCREASE BORROWING LIMIT TO 1 TRLN RUPEES.APPROVED RAISING OF FUNDS BY ISSUE OF RUPEE DENOMIANTED BONDS IN OVERSEAS MARKET WORTH UP TO 50 BILLION RUPEES ‍​.  Full Article

Bajaj Finance Says Co To Now Hold About 12.60 Pct Of Equity In Mobikwik
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Bajaj Finance Ltd ::SAYS ENTERED INTO A SUBSCRIPTION AGREEMENT WITH ONE MOBIKWIK SYSTEMS PRIVATE LIMITED.POST CONVERSION OF CONVERTIBLE CUMULATIVE PREFERENCE SHARES, CO WOULD HOLD ABOUT 10.83 PERCENT OF EQUITY IN MOBIKWIK.SAYS VALUE OF TRANSACTION ENVISAGED IS ABOUT 2.25 BILLION RUPEES.DUE TO CHANGE IN CONVERSION PRICE OF CCCPS, CO TO NOW HOLD ABOUT 12.60 PERCENT OF EQUITY IN MOBIKWIK.  Full Article

India's Bajaj Finance Sept-qtr PAT rises about 36.5 pct
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Bajaj Finance Ltd ::Sept quarter profit after tax 5.57 billion rupees.Consensus forecast for Sept quarter net profit was 5.69 billion rupees.Sept quarter revenue from operations 30.86 billion rupees.PAT in Sept quarter last year was 4.08 billion rupees; revenue from operations was 23.36 billion rupees.AUM as of Sept 30, 2017 rose 38 percent to 721.39 billion rupees.  Full Article

CORRECTED-BRIEF-India's Bajaj Finance Eyes Share Issue To Raise Up To 85 Bln Rupees (Sept. 17)

* SAYS BOARD APPROVED CAPITAL RAISE THROUGH QIP FOR AMOUNT UP TO 85 BILLION RUPEES BY SHARE ISSUE