Business Standard

Sunday, January 05, 2025 | 11:34 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Bajaj Finance hits lowest level since May 2018; stock tanks 59% in 2 months

Historically, the June quarter is the largest contributor to Bajaj Finance's AUM growth

markets
Premium

Illustration: Ajay Mohanty

SI Reporter Mumbai
Shares of Bajaj Finance fell below Rs 2,000 mark for the first time in nearly two years after plunging 9 per cent to Rs 1,972 on the BSE on Friday amid concerns of elevated uncertainties around the company's growth and asset quality.

The NBFC's stock was trading at its lowest level since May 17, 2018. In the past two months, the stock has tanked 59 per cent, as compared to 22 per cent decline in the S&P BSE Sensex.

Historically, the April-June quarter (Q1) is the largest contributor to assets under management (AUM) growth for Bajaj Finance, with

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in