NEW DELHI: Shares of Bajaj Finance Ltd. traded 0.64 per cent down in Thursday’s commerce at 10:36AM (IST). Round 46,960 shares modified arms on the counter.
The counter opened at Rs 3652.05 and touched an intraday excessive and low of Rs 3684 and Rs 3608.25, respectively, within the session up to now. The stock 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 218497.47 crore on the time of penning this report.
The corporate reported consolidated 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 web revenue for up to date quarter stood at Rs 962.32 crore, down 19.49 per cent from the identical quarter a yr in the past.
As of 30-Jun-2020, home institutional traders held 7.26 per cent stake within the firm, whereas overseas institutional traders held 21.24 per cent and the promoters 56.2 per cent.
In line with BSE knowledge, the stock traded at a P/E a number of of 43.43 and a price-to-book ratio of 6.8. The next P/E ratio exhibits traders are keen 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 – Client business.