Bajaj Finserv shines on reporting 71% rise in Q2 consolidated net profit | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / BUSINESS / Bajaj Finserv shines on reporting 71% rise in Q2 consolidated net profit

Bajaj Finserv shines on reporting 71% rise in Q2 consolidated net profit

Bajaj Finserv is currently trading at Rs. 8152.00, up by 149.35 points or 1.87% from its previous closing of Rs. 8002.65 on the BSE.

The scrip opened at Rs. 8155.00 and has touched a high and low of Rs. 8270.00 and Rs. 8094.00 respectively. So far 7810 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 8668.65 on 30-Sep-2019 and a 52 week low of Rs. 4960.00 on 24-Oct-2018.

Last one week high and low of the scrip stood at Rs. 8440.00 and Rs. 7966.75 respectively. The current market cap of the company is Rs. 130786.97 crore.

The promoters holding in the company stood at 60.71%, while Institutions and Non-Institutions held 15.20% and 24.09% respectively.

Bajaj Finserv has reported 18.33% rise in its net profit at Rs 345.03 crore for the quarter ended September 30, 2019 as compared to Rs 291.59 crore for the same quarter in the previous year. Total income of the company increased by 15.07% at Rs 391.02 crore for Q2FY20 as compared Rs 339.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 70.98% in its net profit at Rs 1203.72 crore for the quarter under review as compared to Rs 704.01 crore for the same quarter in the previous year. Total income of the company increased by 46.67% at Rs 14224.22 crore for Q2FY20 as compared Rs 9698.39 crore for the corresponding quarter previous year.

Please share this news