New Delhi: Today both the stock exchanges of the stock market are trading with gains. Today the focus of the stock market investors is on the shares of Bajaj Group company. Actually, on Tuesday, Bajaj's subsidiary released the results of the September quarter. After these results, the company's stocks are in focus today.
We will tell you what is the condition of Bajaj Company's shares today.
Shares of Bajaj Finance
Bajaj Finance shares are among the top gainer stocks of Sensex. Bajaj Finance shares have been trading with gains since early trade. At 10.35 am, Bajaj Finance shares were trading at Rs 7,024.15 per share with a gain of 346.25 points.
If we talk about the performance of the company's shares, in the last one year, the company's shares have given a negative return of 9.41 percent. Whereas in the last six months, the company's shares have given a negative return of 2.84 percent.
Shares of Bajaj Finserv
Shares of Bajaj Finserv are trading with gains. Today, the company's stock rose by Rs 46.20 to trade at Rs 1,768.80 per share.
bajaj auto shares
Shares of Bajaj Auto have risen by 1.50 percent. At the time of writing the news, the company's stock is trading at Rs 10,538.05 per share with a gain of Rs 169.70. Let us tell you that in the last one year, the company's stock has given a positive return of 97.26 percent. At the same time, in the last six months, the company's stock has risen by 21.25 percent.
Bajaj Finserv shares have given a return of 9.07 percent in the last one year. Whereas in the last six months, the company's shares have risen by 8.54 percent.
How is the financial performance of the company
Bajaj Finance said in its second quarter results that the company's consolidated profit grew by 13 percent to Rs 4,014 crore. At the same time, the company's net interest income (NII) also increased by 23 percent. Apart from this, the company's NPA increased by 0.31 percent to 0.46 percent.
target price decreased
Foreign brokerage firm JP Morgan has reduced the share target price of Bajaj Finance. However, JP Morgan has maintained the company's rating as 'overweight'. Earlier, the share target price of Bajaj Finance was Rs 8,000, which has now been reduced to Rs 7,300.
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