Trending stocks: Bajaj Finance shares fall over 2%
Total market cap of the Bajaj Finance Ltd. stood at Rs 197122.36 crore at the time of writing this report.
By ETMarkets.com | Updated:
PTI
Total market cap of the Bajaj Finance Ltd. stood at Rs 199604.33 crore at the time of writing this report.
NEW DELHI: Shares of Bajaj Finance Ltd. traded 2.47 per cent down in Wednesday's trade at 12:01PM (IST). Around 528,695 shares changed hands on the counter.
The stock opened at Rs 3355.0 and touched an intraday high and low of Rs 3409.0 and Rs 3263.3, 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 197122.36 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 7190.93 crore for the quarter ended 31-Mar-2020, up 2.57 per cent from previous quarter's Rs 7011.05 crore and up 35.48 per cent from the year-ago quarter's Rs 5307.66 crore.
The net profit for latest quarter stood at Rs 948.1 crore, down 19.38 per cent from the same quarter a year ago.
As of 31-Mar-2020, DIIs held 8.08 per cent stake in the firm, while foreign institutional investors held 21.16 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 37.92 and a price-to-book ratio of 6.16. 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 3355.0 and touched an intraday high and low of Rs 3409.0 and Rs 3263.3, 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 197122.36 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 7190.93 crore for the quarter ended 31-Mar-2020, up 2.57 per cent from previous quarter's Rs 7011.05 crore and up 35.48 per cent from the year-ago quarter's Rs 5307.66 crore.
The net profit for latest quarter stood at Rs 948.1 crore, down 19.38 per cent from the same quarter a year ago.
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Shareholding pattern As of 31-Mar-2020, DIIs held 8.08 per cent stake in the firm, while foreign institutional investors held 21.16 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 37.92 and a price-to-book ratio of 6.16. 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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