NEW DELHI: Shares of Bajaj Finance Ltd. traded 1.07 per cent up in Friday’s commerce at 10:43AM (IST). Round 52,231 shares modified palms on the counter.
The scrip opened at Rs 3655 and touched an intraday excessive and low of Rs 3677.85 and Rs 3638.35, respectively, within the session to date. Shares of the corporate of Bajaj Finance Ltd. quoted a 52-week excessive of Rs 4923.2 and a 52-week low of Rs 1783.1.
Complete market cap of the Bajaj Finance Ltd. stood at Rs 220540.38 crore on the time of scripting this report.
The corporate reported consolidated web gross sales of Rs 6634.93 crore for the quarter ended 30-Jun-2020, down 7.73 per cent from earlier quarter’s Rs 7190.93 crore and down 14.37 per cent from the year-ago quarter’s Rs 5801.25 crore.
The online revenue for up to date quarter stood at Rs 962.32 crore, down 19.49 per cent from the corresponding quarter final 12 months.
As of 30-Jun-2020, DIIs held 7.26 per cent stake within the agency, whereas overseas institutional traders held 21.24 per cent and the promoters 56.2 per cent.
In accordance with BSE information, the stock traded at a P/E a number of of 43.84 and a price-to-book ratio of 6.87. A better P/E ratio exhibits traders are prepared to pay a better price due to higher future development expectations. price-to-book value signifies the inherent value of an organization and is the measure of the price that traders are able to pay even for no development within the enterprise.
Bajaj Finance Ltd. belongs to the NBFC – Shopper business.