Analyst Rating
based on 30 analysts
63.33%
Buy
16.67%
Hold
20.00%
Sell
Based on 30 analysts offering long term price targets for Bajaj Finance Ltd. An average target of ₹7978.23
Source: S&P Global Market Intelligence
Bajaj Finance Ltd Share analysis
Bajaj Finance Ltd price forecast by 30 analysts
Upside of8.32%
High
₹10000
Target
₹7978.23
Low
₹5700
Bajaj Finance Ltd target price ₹7978.23, a slight upside of 8.32% compared to current price of ₹7631.1. According to 30 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Bajaj Finance Ltd revenue growth forecast
Expected growth rate Q1, FY2026:2.20%
Forecast
Actual
Including amortisation and stock based compensations
Bajaj Finance Ltd EPS growth forecast
EPS estimate Q1, FY2026:49.17%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹7,378.5₹7,672.552 Week's Low
52 Week's High
₹6,187.8₹8,192
| Returns % | |
| 1 Month Return | + 11.32 % |
| 3 Month Return | + 0.42 % |
| 1 Year Return | -2.43 % |
| Market Stats | |
| Previous Close | ₹7,365.50 |
| Open | ₹7,387.25 |
| Volume | 29.75L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹4,55,921.74Cr |
Key Statistics
| P/E Ratio | 30.28 |
| PEG Ratio | 0.78 |
| Market Cap | ₹4,55,921.74 Cr |
| P/B Ratio | 6.24 |
| EPS | 233.84 |
| Dividend Yield | 0.5 |
| Sector | Finance |
| ROE | 20.48 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹4,55,921.74 Cr | 23.15% | 0.88 | ₹14,451 Cr | ₹54,971 Cr | |
| HOLD | ₹42,298.32 Cr | -11.49% | 0.51 | -₹1,423 Cr | ₹9,977 Cr | |
| BUY | ₹81,250.27 Cr | 48.51% | 0.85 | ₹4,467 Cr | ₹15,061 Cr | |
| BUY | ₹2,95,174.92 Cr | 30.96% | 0.50 | ₹15,595 Cr | ₹1,10,382 Cr | |
| BUY | ₹1,32,275.10 Cr | 97.7% | 0.94 | ₹3,410 Cr | ₹19,163 Cr |
Company Information
The company operates primarily in India and has several subsidiaries, including Bajaj Housing Finance Limited and Bajaj Financial Securities Limited, which offer specialized services in housing finance and securities trading, respectively. A notable fact about Bajaj Finance is its robust growth in digital lending, leveraging technology to enhance customer experience and expand its reach. As a part of the Bajaj Group, Bajaj Finance benefits from the group’s extensive network and reputation in the market.
Share Price: ₹7631.10 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹4,55,921.74Cr as of today
Revenue: ₹16,104.83Cr as on June 2024 (Q2 24)
Net Profit: ₹3,911.98Cr as on June 2024 (Q2 24)
Listing date: 09 Feb, 1995
Chairperson Name: Sanjiv Bajaj
| Organisation | Bajaj Finance Ltd |
| Headquarters | Pune |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for Bajaj Finance Ltd
Bajaj Finance Receives Positive Ratings and Price Targets - 18 Sep, 2024
Bajaj Finance is experiencing positive momentum with Morgan Stanley maintaining an Overweight rating and target prices ranging from Rs 8,747 to Rs 9,000, highlighting attractive valuations and growth potential. The stock gained nearly 4% amid favorable market sentiment following the successful IPO of Bajaj Housing Finance.
Bajaj Finserv Faces Potential Sensex Removal Speculation - 17 Sep, 2024
Following the successful listing of Bajaj Housing Finance, speculation grows regarding Bajaj Finserv's potential removal from the Sensex index during upcoming rebalancing.
Bajaj Finance Reacts to Housing Finance IPO Listing - 16 Sep, 2024
Bajaj Housing Finance's strong IPO debut led to mixed reactions for Bajaj Finance, with its shares dipping initially but later recovering. The stock shows bearish signals amid high valuations.
Bajaj Finance Stake Reduction and Share Price Surge - 13 Sep, 2024
Bajaj Finance has reduced its stake in Bajaj Housing Finance to 88.75%. Shares of Bajaj Finance rose up to 3% ahead of the upcoming IPO.
Bajaj Finance Stock Shows Strong Decade Performance - 12 Sep, 2024
Bajaj Finance's stock has surged 28 times over the past ten years, accompanied by annual dividends, indicating robust growth and investor confidence.
Bajaj Housing Finance IPO Details Released - 11 Sep, 2024
Bajaj Housing Finance's IPO comprises a fresh issue of equity shares worth Rs 3,560 crore and an offer-for-sale of Rs 3,000 crore by Bajaj Finance, positioning it as India's largest listed home loan financier.
Bajaj Finance Announces Major IPO Details - 10 Sep, 2024
Bajaj Finance has revealed plans for an IPO featuring a fresh issue of equity shares worth up to Rs 3,560 crore and an offer-for-sale of Rs 3,000 crore by its parent company.
Bajaj Finance Announces Major IPO Plans - 09 Sep, 2024
Bajaj Finance is set to launch an IPO comprising a fresh issue of equity shares worth ₹3,560 crore and an offer-for-sale of ₹3,000 crore, indicating strong market confidence.
Bajaj Finance Announces Major IPO Plans - 07 Sep, 2024
Bajaj Finance is set to launch an IPO consisting of a fresh equity issue worth Rs 3,560 crore and an offer-for-sale of Rs 3,000 crore by its parent company.
Bajaj Finance Target Price Raised Amid Positive Outlook - 06 Sep, 2024
Jefferies upgraded Bajaj Finance's target price to Rs 8,410, anticipating improved credit costs and earnings growth. The stock is currently trading positively despite past underperformance.
Bajaj Housing Finance to List by September 2025 - 05 Sep, 2024
Bajaj Housing Finance, the fastest-growing housing finance company, is required by the RBI to list before September 2025. As of March 31, 2024, it has reached a valuation of Rs 91,000 crore.
Bajaj Finance Prepares for Housing Finance IPO - 04 Sep, 2024
Bajaj Housing Finance is set for an IPO, aiming to diversify its funding. Analysts maintain mixed ratings on Bajaj Finance, with Citi bullish and Macquarie cautious. Bajaj Finserv shows consistent gains.
Bajaj Housing Finance IPO Set to Raise ₹6,560 Crore - 03 Sep, 2024
Bajaj Housing Finance Ltd. plans to enter the capital market with an IPO priced between ₹66-70 per share, aiming to raise up to ₹6,560 crore. The IPO includes a fresh issue of ₹3,560 crore and an offer for sale of ₹3,000 crore by Bajaj Finance.
Bajaj Finance Stock Rises on IPO News and Ratings - 02 Sep, 2024
Bajaj Finance's housing finance arm filed for a ₹6,560 crore IPO, leading to a stock surge of up to 5%. Analysts recommend an ADD rating, highlighting strong growth potential and conservative practices.
Bajaj Finance Stock Shows Strong Bullish Momentum - 31 Aug, 2024
Bajaj Finance has recently experienced a Symmetrical Triangle breakout, supported by strong volume and bullish technical indicators. Analysts recommend accumulating shares in the Rs 1,785-1,765 range, targeting Rs 1,900 and Rs 1,960 in the short term.
Bajaj Finance Stock Shows Positive Trendline Breakout - 30 Aug, 2024
Bajaj Finance stock has achieved a trendline breakout, moving above the crucial 200 DMA level of Rs 7,000. The stock shows a long buildup in derivatives, with significant open interest at Rs 7,200 and Rs 7,500 call options, indicating bullish sentiment.
Bajaj Finance Shares Surge Ahead of IPO News - 29 Aug, 2024
On August 29, 2024, Bajaj Finance shares increased by 3% following reports of an upcoming IPO for Bajaj Housing Finance, targeting Rs 7,000 crore. The stock has shown strong performance, reflecting positive investor sentiment.
Bajaj Finserv Shows Bullish Momentum - 28 Aug, 2024
Bajaj Finserv is recommended for buying at a CMP of Rs 1,719, with a target of Rs 1,800 and a stop loss at Rs 1,680. A bullish candle has breached a six-month consolidation zone, supported by higher buying volumes and a MACD bullish crossover, indicating potential upward movement.
Bajaj Finance Stock Declines Despite Market Growth - 26 Aug, 2024
Bajaj Finance Ltd has experienced a 4% decline in share value over the past decade, contrasting with significant gains in other stocks like Titan Company.
Bajaj Finserv Ltd Sees Positive Movement - 20 Aug, 2024
Bajaj Finserv Ltd shares rose 2.51% to Rs 1590.05, marking a third consecutive session of gains. The stock is up 7.56% over the past year, despite a 2.52% drop in the last month. Trading volume was lower than average, with 7.14 lakh shares exchanged today.
Insights on Bajaj Finance Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 17.14% to 17.77% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 13 quarters, 1.00K Cr → 3.91K Cr (in ₹), with an average increase of 10.1% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 13 quarters, 6.74K Cr → 16.10K Cr (in ₹), with an average increase of 7.0% per quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 54.69% to 54.70% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 168.0% return, outperforming this stock by 169.0%
- NO EFFECT
Against Peers
In the last 1 year, Shriram Finance Ltd has given 79.1% return, outperforming this stock by 81.5%
NEGATIVE IMPACTPrice Dip
In the last 1 year, BAJFINANCE stock has moved down by -2.4%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.19% to 9.83% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 9.56% to 9.15% in Jun 2024 quarter
Bajaj Finance Ltd Infographics
Bajaj Finance shares hit a 52-week high on 4th Oct. Here's a peek into their operational highlights
Strong loan book growth combined with robust deposits growth push shares higher!
News
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Railway stocks including IRFC, IRFC and RITES have registered strong gains over the past few sessions.30 Jul, 2024 12:07 PMIRCTC Share Price Live blog for 31 Jul 2024
IRCTC Share Price Today Live Updates : IRCTC stock price went down today, 31 Jul 2024, by -0.2 %. The stock closed at 991.35 per share. The stock is currently trading at 989.4 per share. Investors should monitor IRCTC stock price closely in the coming days and weeks to see how it reacts to the news.31 Jul, 2024 08:01 AMIRCTC shares gain 0.18% as Sensex rises
The stock quoted a 52-week high of Rs 1148.3 and a 52-week low of Rs 630.45.31 Jul, 2024 12:48 PMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 54.7% | 0.01 | |
| Foreign Institutions | 17.77% | 3.66 | |
| Mutual Funds | 9.15% | ||
| Retail Investors | 9.83% | ||
| Others | 8.55% | 1.66 |
Key Indicators
Bajaj Finance Ltd Valuation
Bajaj Finance Ltd in the last 5 years
Lowest (20.34x)
May 26, 2020
Industry (28.65x)
September 17, 2024
Today (30.28x)
September 17, 2024
Highest (106.44x)
September 23, 2021
Earnings and Dividends
Bajaj Finance Ltd Earnings Results
Bajaj Finance Ltd’s net profit jumped 13.82% since last year same period to ₹3,911.98Cr in the Q1 2024-2025. On a quarterly growth basis, Bajaj Finance Ltd has generated 2.29% jump in its net profits since last 3-months.
Read More about Earnings ResultsBajaj Finance Ltd Dividends April,2024
In the quarter ending March 2024, Bajaj Finance Ltd has declared dividend of ₹36 - translating a dividend yield of 0.90%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Bajaj Finance Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Bajaj Finance Ltd (BAJFINANCE) share price today is ₹7631.1
Bajaj Finance Ltd is listed on NSE
Bajaj Finance Ltd is listed on BSE
- Today’s highest price of Bajaj Finance Ltd is ₹7672.5.
- Today’s lowest price of Bajaj Finance Ltd is ₹7378.5.
PE Ratio of Bajaj Finance Ltd is 30.28
PE ratio = Bajaj Finance Ltd Market price per share / Bajaj Finance Ltd Earnings per share
Today’s traded volume of Bajaj Finance Ltd(BAJFINANCE) is 29.75L.
Today’s market capitalisation of Bajaj Finance Ltd(BAJFINANCE) is ₹455921.74Cr.
| Bajaj Finance Ltd(BAJFINANCE | Price |
|---|---|
52 Week High | ₹8192 |
52 Week Low | ₹6187.8 |
Bajaj Finance Ltd(BAJFINANCE) share price is ₹7631.1. It is down -6.85% from its 52 Week High price of ₹8192
Bajaj Finance Ltd(BAJFINANCE) share price is ₹7631.1. It is up 23.32% from its 52 Week Low price of ₹6187.8
| Bajaj Finance Ltd(BAJFINANCE | Returns |
|---|---|
1 Day Returns | 265.6% |
1 Month Returns | 11.32% |
3 Month Returns | 0.42% |
1 Year Returns | -2.43% |