Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 364179.68 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 6854.94 Crore, up 2.95 % from last quarter Total Income of Rs 6658.47 Crore and down -5.20 % from last year same quarter Total Income of Rs 7230.83 Crore. Company reported net profit after tax of Rs 1346.64 Crore in latest quarter.
Investment Rationale
Flag formation evident on the intraday charts and the stock is signifying a new leg of bullish up move.
Promoter/FII Holdings
Promoters held 56.1 per cent stake in the company as of March 31, 2021, while FIIs held 24.2 per cent, DIIs 9.1 per cent and public and others 10.6 per cent.
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