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Bajaj Finserv gains on good Q3 outcome

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Capital Market Mumbai

Bajaj Finserv unveiled Q3 December 2012 results at fag end of trading session on Tuesday, 15 January 2013, when the stock had settled 0.67% higher at Rs 873.65.

Meanwhile, the BSE Sensex was down 26.91 points or 0.13% at 19,959.91

On BSE, 26,889 shares were traded in the counter as against average daily volume of 52,305 shares in the past one quarter.

The stock hit a high of Rs 895.70 and a low of Rs 876.40 so far during the day. The stock had hit a 52-week high of Rs 979.40 on 5 October 2012. The stock had hit a 52-week low of Rs 426.45 on 30 January 2012.

 

The stock had underperformed the market over the past one month till 15 January 2013, falling 6.98% compared with the Sensex's 3.47% rise. The scrip also underperformed the market in the past one quarter, gaining 2.49% as against Sensex's 6.8% rise.

The large-cap company has equity capital of Rs 79.57 crore. Face value per share is Rs 5.

Bajaj Finserv's consolidated income from operations rose 36% to 1120 crore in Q3 December 2012 over Q3 December 2011.

Bajaj Finserv is a holding company and the financial services arm of the Bajaj group with business interest in 'Protection', 'Lending', and 'Financial advisory and 'Wealth management' through its various associate and subsidiary companies.

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First Published: Jan 16 2013 | 11:32 PM IST

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