Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 334137.69 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 6658.47 Crore, up 2.07 % from last quarter Total Income of Rs 6523.29 Crore and down 5.23 % from last year same quarter Total Income of Rs 7025.93 Crore. Company reported net profit after tax of Rs 1145.98 Crore in latest quarter.
Investment Rationale
The stock has given a breakout from an inverse head and shoulder chart pattern with incremental volume activity on daily chart.
Promoter/FII Holdings
Promoters held 56.2 per cent stake in the company as of June 30, 2020, while FIIs held 21.5 per cent, DIIs 10.1 per cent and public and others 12.2 per cent.
