Time period given by analyst is Intra Day when Bajaj Finance Ltd. price can reach defined target.
Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 424767.45 Crore) operating in NBFC sector.
Bajaj Finance Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Income From Sale Of Share & Securities, Other Operating Revenue and Service Charges for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 8535.06 Crore, up 10.39 % from last quarter Total Income of Rs 7732.06 Crore and up 28.18 % from last year same quarter Total Income of Rs 6658.47 Crore. Company reported net profit after tax of Rs 2125.29 Crore in latest quarter.
Investment Rationale
Doji candlestick formation near its short-term moving averages hints at upward continuation
Promoter/FII Holdings
Promoters held 56.1 per cent stake in the company as of March 31, 2021, while FIIs held 24.2 per cent, DIIs 9.1 per cent and public and others 10.6 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.
