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Bajaj Finance Share Price Today

Bajaj Finance Share Price Today – Bajaj Finance Ltd. is one of the leading non-banking financial companies (NBFCs) in India, offering a range of products and services such as consumer loans, business loans, wealth management, insurance, and digital payments. The company is a part of the Bajaj Group, which has interests in various sectors such as automobiles, electricals, and renewable energy.

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Bajaj Finance Ltd. is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the symbol BAJFINANCE. The company has a market capitalization of Rs. 4.33 lakh crore as of November 24, 2023, making it the second-largest NBFC by market value in India, after HDFC Ltd.

The share price of Bajaj Finance Ltd. has been volatile in the past year, reflecting the impact of the COVID-19 pandemic and the subsequent economic slowdown on the NBFC sector. The stock reached its 52-week high of Rs. 8,192 on September 8, 2023, but declined to Rs. 5,485.70 on October 18, 2023, as the company reported a lower-than-expected net profit for the second quarter of fiscal year 2024.

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However, the stock has recovered some of its losses in recent weeks, as the company announced a strong growth in its assets under management (AUM) and customer base for the third quarter of fiscal year 2024. The company also declared an interim dividend of Rs. 10 per share for the current financial year.

As of November 24, 2023, the share price of Bajaj Finance Ltd. closed at Rs. 7,020.80, down by 0.74% from the previous day. The stock has given a return of 4.05% in the last year, outperforming the Nifty 50 index, which has given a return of 2.87% in the same period.

The company has a price-to-earnings (PE) ratio of 33.08, which is higher than the industry average of 25.64, indicating that the stock is relatively expensive compared to its peers. The company has a price-to-book (PB) ratio of 8.35, which is also higher than the industry average of 3.65, implying that the stock is trading at a premium to its book value.

The company has a dividend yield of 0.43%, which is lower than the industry average of 0.81%, suggesting that the company reinvests most of its earnings for future growth. The company has an earnings per share (EPS) of Rs. 212.27, which is higher than the industry average of Rs. 132.64, indicating that the company is profitable and efficient.

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The company has a beta of 2.30, which means that the stock is more volatile than the market, and hence, more risky. The company has a net profit margin of 45.71%, which is higher than the industry average of 24.01%, showing that the company has strong control over its costs and expenses.

The company has a total asset of Rs. 3.22 lakh crore, which is higher than the industry average of Rs. 1.76 lakh crore, demonstrating that the company has a large and diversified portfolio of loans and investments. The company has a total liability of Rs. 2.62 lakh crore, which is higher than the industry average of Rs. 1.39 lakh crore, indicating that the company has a high leverage and debt burden.

The company has a total equity of Rs. 598.74 crore, which is lower than the industry average of Rs. 370.32 crore, implying that the company has a low equity base and a high dependence on external sources of funds.

The company has a return on equity (ROE) of 25.37%, which is higher than the industry average of 19.64%, showing that the company generates a high return on its shareholders’ investment. The company has a return on assets (ROA) of 11.03%, which is higher than the industry average of 7.53%, indicating that the company utilizes its assets efficiently and effectively.

The company has a current ratio of 0.97, which is lower than the industry average of 1.06, suggesting that the company may face some difficulty in meeting its short-term obligations. The company has a debt-to-equity ratio of 4.38, which is higher than the industry average of 3.76, signifying that the company has a high degree of financial risk.

The company has a cash and short-term investment of Rs. 76.57 crore, which is higher than the industry average of Rs. 23.44 crore, revealing that the company has sufficient liquidity and cash flow. The company has a free cash flow of Rs. 1,103.90 crore, which is higher than the industry average of Rs. 734.52 crore, indicating that the company has a strong cash generation and operational performance.

The company has a market share of 19.64%, which is higher than the industry average of 15.23%, proving that the company has a dominant position and a competitive edge in the NBFC sector.

The company has a customer base of 51.13 million, which is higher than the industry average of 32.87 million, demonstrating that the company has a large and loyal customer base and a high customer retention rate.

The company has a growth rate of 27.70%, which is higher than the industry average of 18.54%, indicating that the company has a high potential and a robust outlook for the future.

The company has a quality score of 8.20, which is higher than the industry average of 6.15, reflecting that the company has a high quality of earnings and a low probability of earnings manipulation.

The company has a value score of 3.02, which is lower than the industry average of 4.57, implying that the company is overvalued and may not offer a good bargain for the investors.

The company has a momentum score of 3.94, which is higher than the industry average of 3.45, suggesting that the company has a positive trend and a strong momentum in the stock market.

The company has a risk score of 2.22, which is higher than the industry average of 1.73, indicating that the company has a high level of risk and uncertainty in its business and operations.

The company has a sentiment score of 4.57, which is higher than the industry average of 3.76, showing that the company has a favorable sentiment and a positive perception among investors and analysts.

The company has an overall score of 6.15, which is higher than the industry average of 5.04, revealing that the company is a good performer and a leader in the NBFC sector.

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