Bajaj Finserv Ltd News

Bajaj Finserv Health aims to break even by FY27, says CEO Devang Mody

Bajaj Finserv Health has a network of over 1,00,000 hospitals and 80,000 doctors

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Bajaj Finserv Q2FY25 results: Net profit increases 8% to Rs 2,087 cr

Bajaj Finserv on Wednesday reported an 8 per cent rise in its consolidated net profit to Rs 2,087 crore for the second quarter ended September 30. The company had posted a profit of Rs 1,929 crore in the July-September quarter a year ago. The total consolidated income increased to Rs 33,704 crore during the quarter against Rs 26,023 crore in the same period a year earlier, Bajaj Finserv said in a regulatory filing. The Pune-headquartered company's total expenditure rose to Rs 27,741 crore compared to Rs 20,731 crore in the year-ago period. Bajaj Finserv Asset Management recorded assets under management (AUM) of Rs 16,293 crore as on September 30, 2024. Its subsidiary Bajaj Allianz General Insurance Company Ltd reported a profit of Rs 494 crore from Rs 468 crore in Q2 FY24, an increase of 6 per cent. Another subsidiary Bajaj Allianz Life Insurance Company Ltd posted shareholders' profit after tax at Rs 148 crore down from Rs 193 crore in Q2 FY24 due to new business strain, higher

Bajaj Finserv Q2 net profit rises 8% to Rs 2,087 cr; interest income jumps

Revenue increased by 30% to Rs 33,704 cr, says holding company of Bajaj group's financial services and insurance businesses

Q2 results today: HUL, Godrej, TVS Motor among 73 firms to post earnings

Q2FY25 company results: AU Small Finance Bank, Bajaj Finserv, Birla will also be among the 73 companies to released their second quarter results on Oct 23

Allianz SE considering to exit insurance joint venture with Bajaj Group

Founded in 2001, Bajaj Allianz General Insurance is one of the biggest private insurers in India, while Bajaj Allianz Life Insurance is among the fastest-growing life insurers in India

Trent likely to replace Bajaj Finserv in Sensex rejig in December

If this happens, Bajaj Finance will be the sole remaining Bajaj group stock in the 30-share Sensex, following the removal of Bajaj Auto in December 2021

Strategies to trade Bajaj Finance, Bajaj Finserv post Bajaj Housing debut

Technical chart flag caution at the Bajaj twin counters owing to formation of a 'Bearish Engulfing' candlestick pattern on the daily scale; check key support, resistance levels here

Bajaj Finance, housing finance cos dip up to 6% post Bajaj Housing listing

LIC Housing Finance, PNB Housing Finance, Can Fin Homes and Bajaj Finance dropped in the range of 4 per cent to 6 per cent

Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs

Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.

Bajaj Finserv hits 52-week high; Finance soars 4% ahead of mortgage arm IPO

Bajaj Finserv hit a 52-week high of Rs 1,771.50, up 3.3 per cent in intra-day trade amid heavy volumes, rallied 16 per cent in past two weeks

Bajaj Finserv Q1 results: Net profit increases 10% to Rs 2,138 crore

Cumulative losses from emerging businesses; Bajaj Finserv Health, Bajaj Finserv Direct and Bajaj AMC were Rs 119 crore as against Rs 82 crore in Q1 FY24

Bajaj Finserv Q1 results: Net profit increases 10% to Rs 2,138 crore

Bajaj Finserv Ltd (BFL) on Wednesday reported 10 per cent increase in consolidated net profit at Rs 2,138 crore for the first quarter ended June 2024. The company had logged a net profit of Rs 1,943 crore in the year-ago period. Total income during the quarter increased to Rs 31,480 crore from Rs 23,280 crore in the year-ago period, BFL said in a regulatory filing. BFL is the holding company for various financial services businesses under the Bajaj group. Total expenditure also rose to Rs 25,514 crore from Rs 18,157 crore in the same quarter a year ago. During the quarter, its subsidiary Bajaj Allianz General Insurance reported 39 per cent jump in profit to Rs 576 crore. Another subsidiary Bajaj Allianz Life Insurance's profit increased to Rs 104 crore from Rs 94 crore in the same quarter a year ago.