Trending stocks: Bajaj Finance shares down over 1%
A total of 208,636 shares changed hands on the counter till 10:02AM (IST).
By ETMarkets.com | Updated:
PTI
Total market cap of the Bajaj Finance Ltd. stood at Rs 195381.67 crore at the time of writing this report.
NEW DELHI: Shares of Bajaj Finance Ltd. traded 1.19 per cent down in Wednesday's trade at 10:02AM (IST). Around 208,636 shares changed hands on the counter.
The stock opened at Rs 3316.2 and touched an intraday high and low of Rs 3345.0 and Rs 3194.15, respectively, in the session so far. The stock of Bajaj Finance Ltd. quoted a 52-week high of Rs 4923.2 and a 52-week low of Rs 1783.1.
Total market cap of the Bajaj Finance Ltd. stood at Rs 195381.67 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 6634.93 crore for the quarter ended 30-Jun-2020, down 7.73 per cent from previous quarter's Rs 7190.93 crore and down 14.37 per cent from the year-ago quarter's Rs 5801.25 crore.
The net profit for latest quarter stood at Rs 962.32 crore, down 19.49 per cent from the corresponding quarter last year.
As of 30-Jun-2020, domestic institutional investors held 7.26 per cent stake in the company, while foreign institutional investors held 21.24 per cent and the promoters 56.2 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 38.84 and a price-to-book ratio of 6.03. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Bajaj Finance Ltd. belongs to the NBFC - Consumer industry.
The stock opened at Rs 3316.2 and touched an intraday high and low of Rs 3345.0 and Rs 3194.15, respectively, in the session so far. The stock of Bajaj Finance Ltd. quoted a 52-week high of Rs 4923.2 and a 52-week low of Rs 1783.1.
Total market cap of the Bajaj Finance Ltd. stood at Rs 195381.67 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 6634.93 crore for the quarter ended 30-Jun-2020, down 7.73 per cent from previous quarter's Rs 7190.93 crore and down 14.37 per cent from the year-ago quarter's Rs 5801.25 crore.
The net profit for latest quarter stood at Rs 962.32 crore, down 19.49 per cent from the corresponding quarter last year.
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Shareholding pattern As of 30-Jun-2020, domestic institutional investors held 7.26 per cent stake in the company, while foreign institutional investors held 21.24 per cent and the promoters 56.2 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 38.84 and a price-to-book ratio of 6.03. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Bajaj Finance Ltd. belongs to the NBFC - Consumer industry.
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