Bajaj Finance inches up after strong Q3 earnings

Bajaj Finance rose 0.47% to Rs 1554.65 at 12:39 IST on BSE after net profit rose 21.24% to Rs 194.10 crore on 30.62% growth in total income to Rs 1081.90 crore in Q3 December 2013 over Q3 December 2012.

The Q3 result was announced during trading hours today, 15 January 2014.

Meanwhile, the S&P BSE Sensex was up 147.35 points or 0.7% at 21,180.23.

On BSE, so far 5,833 shares were traded in the counter as against average daily volume of 6,126 shares in the past two weeks.

The stock was volatile. The stock rose as much as 1.46% at the day's high of Rs 1,570 so far during the day. The stock lost as much as 1.03% at the day's low of Rs 1,531.35 so far during the day.

 

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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