ETBFSI has buy call on Bajaj Finance with a target price of Rs 9000. The current market price of . is Rs 6830.
Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 411685.82 Crore) operating in NBFC sector.
Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Other Operating Revenue, Income From Sale Of Share & Securities and Service Charges for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 9972.63 Crore, up 7.43 % from last quarter Total Income of Rs 9282.71 Crore and up 28.98 % from last year same quarter Total Income of Rs 7732.06 Crore. Company reported net profit after tax of Rs 2780.65 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 55.86 per cent stake in the company as of 30-Sep-2022, while FIIs owned 21.74 per cent, DIIs 12.06 per cent.
Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 411685.82 Crore) operating in NBFC sector.
Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Other Operating Revenue, Income From Sale Of Share & Securities and Service Charges for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 9972.63 Crore, up 7.43 % from last quarter Total Income of Rs 9282.71 Crore and up 28.98 % from last year same quarter Total Income of Rs 7732.06 Crore. Company reported net profit after tax of Rs 2780.65 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 55.86 per cent stake in the company as of 30-Sep-2022, while FIIs owned 21.74 per cent, DIIs 12.06 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.