Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 400050.26 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
Stock closed below trend line support levels with rising volume, suggesting a fresh downside.
Promoter/FII Holdings
Promoters held 56.03 per cent stake in the company as of 31-Dec-2021, while FIIs owned 23.91 per cent, DIIs 9.05 per cent.
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