Bajaj Finance market cap crosses Rs 1.5 trillion;Bajaj Finserv hit new high

Bajaj Finance (Rs 2,648) and Bajaj Finserv (Rs 6,533) hit their respective record highs, rallied 5% on the BSE in intra-day trade on Friday.

Shares of Bajaj Finserv (Rs 6,533 per share) and its lending and wealth advisory arm Bajaj Finance (Rs 2,648 per share) have hit their respective record highs on the BSE in intra-day trade so far on Friday after reporting a strong set of numbers for the quarter ended June 2018 (Q1FY19).

Both these stock were trading higher by 5% each, as compared to 0.45% rise in the S&P BSE Sensex at 10.17 am. In past four months, Bajaj Finance (up 62%) and Bajaj Finserv (up 32%) have outperforming the market by surging more than 30%, against 11% rise in