Bajaj Finserv's m-cap crosses Rs 2 trillion as stock scales new high

In the past three months, the stock of Bajaj Finserv has outperformed the market by surging 31 per cent as compared to a 6 per cent rise in the S&P BSE Sensex

Bajaj Finserv entered the elite club of companies having a market capitalisation (market-cap) of Rs 2 trillion after its stock price hit a new high of Rs 12,611.65, up 2.3 per cent in Friday's otherwise range-bound market. The stock of the Bajaj Group's holding company surpassed its previous high of Rs 12,529.15, touched on June 28, 2021.

At 10:47 am, Bajaj Finserv's market-capitalisation stood at Rs 200,464 lakh crore (Rs 2.0 trillion), BSE data shows. At the same time, the S&P BSE Sensex was down 0.08 per cent at 52,525 points. Currently, Bajaj Finserv holds the 20th position in terms of