NEW DELHI: Shares of Bajaj Finance Ltd. traded 1.72 per cent up in Tuesday's trade at 10:23AM (IST). Around 136,835 shares changed hands on the counter.

The scrip opened at Rs 1964.0 and touched an intraday high and low of Rs 1980.0 and Rs 1918.4, 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 1916.0.

Total market cap of the Bajaj Finance Ltd. stood at Rs 118638.04 crore at the time of writing this report.

Bajaj Finance will detail its March quarter earnings today.

Key Financials
The company reported consolidated net sales of Rs 7011.05 crore for the quarter ended 31-Dec-2019, up 10.91 per cent from previous quarter's Rs 6321.45 crore and up 40.63 per cent from the year-ago quarter's Rs 4985.39 crore.

The net profit for latest quarter stood at Rs 1614.11 crore, up 52.34 per cent from the same quarter a year ago.

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 P/E multiple of 21.6 and a price-to-book ratio of 5.83. 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.