Bajaj Finserv was final buying and selling 6.76 per cent larger at Rs 11,200.80 on the BSE.
Share worth of Bajaj Finserv gained greater than seven per cent on Thursday, April 29, a day after the non-banking finance firm reported its January-March quarter outcomes for the monetary yr 2020-21. On Thursday, Bajaj Finserv opened on the BSE at Rs 10,550, touching an intra day excessive of Rs 11,299.65, and an intra day low of Rs 10,535.05, within the buying and selling session to this point. According to a regulatory submitting by the agency to the BSE, Bajaj Finserv reported a web revenue of Rs 979 crore in March quarter, registering a five-fold soar in revenue from Rs 194 crore within the corresponding quarter final yr. (Also Read: Bajaj Finserv Profit Surges More Than 5 Times To ₹ 979 Crore In This autumn )
According to the assertion, Bajaj Finserv’s complete income from operations jumped 16 per cent to Rs 15,385 crore within the January-March quarter. the board of the corporate really helpful a dividend of three per share or 60 per cent of the face worth of Rs 5 per unit.
The Pune-based firm’s complete revenue in the course of the fourth quarter of fiscal 2020-21 elevated to Rs 15,387 crore, in comparison with Rs 13,289 crore within the corresponding interval of final yr. The firm’s subsidiary – Bajaj Allianz General Insurance Company, reported an all-time excessive annual revenue within the March quarter.
On the NSE, Bajaj Finserv opened at Rs 10,540.00, touching an intra day excessive of Rs 11,300.00, and an intra day low of Rs 10,520.00, within the session to this point. It was final buying and selling 6.58 per cent larger at Rs 11,180 on the NSE.
Bajaj Finserv was final buying and selling 6.76 per cent larger at Rs 11,200.80 on the BSE.
