Bajaj Finance rose 1.9% to Rs 1,786 at 11:41 IST on BSE after a bulk deal of 2 lakh shares was executed on the counter on BSE today, 10 April 2014.
A bulk deal of 2 lakh shares was executed on the Bajaj Finance counter at Rs 1,782 per share at 10:40 IST on BSE today, 10 April 2014. The bulk deal saw 0.39% of Bajaj Finance's equity changing hands.
Meanwhile, the S&P BSE Sensex was up 3.18 points or 0.01% at 22,705.52
On BSE, so far 2.01 lakh shares were traded in the counter as against average daily volume of 6,742 shares in the past one quarter.
The stock hit a high of Rs 1,815 and a low of Rs 1,751.75 so far during the day. The stock had hit a record high of Rs 1,822.60 on 28 March 2014. The stock had hit a 52-week low of Rs 965.50 on 29 August 2013.
The stock had outperformed the market over the past one month till 9 April 2014, rising 6.96% compared with the Sensex's 3.57% rise. The scrip had also outperformed the market in past one quarter, gaining 13.27% as against Sensex's 9.6% rise.
The mid-cap company has equity capital of Rs 50.14 crore. Face value per share is Rs 10.
Bajaj Finance's net profit surged 21.3% to Rs 194.14 crore on 30.6% growth in total income to Rs 1081.90 crore in Q3 December 2013 over Q3 December 2012.
Bajaj Finance offers secured and unsecured loan. The company provides two-and-three wheeler loan, consumer durable loan, personal loans, loan against property, small business loans, construction equipment loan and loan against securities.
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