HDFC Securities notes that Bajaj Finance reported muted performance primarily on account of higher employee expenses
FMCG major Britannia Industries reported a 3 per cent YoY decline in consolidated net profit at Rs 360.07 crore in the fourth quarter ended March 31
The company had posted a net profit of Rs 892 crore in the corresponding quarter last year
Total income fell by 5 per cent to Rs 6,855 crore from Rs 7,231 crore in year-ago period
The recent correction in the markets dragged Bajaj Finance's from the high of Rs 5,800 towards Rs 4,400-mark
The deciding factor in days to come has to be the financial space
Pace of new customer addition up in Q4, though new loans acquired lags year-ago level
New loans booked during Q4FY21 were 5.5 million as against 6 million in Q4FY20
In Q4FY21, it booked 5.5 million new loans, down almost 9 per cent sequentially and 8 per cent YoY
The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore
The PSU stocks are on a roll since the last couple of months and the way they are shaped up, they appear to perform well throughout this year
Bajaj Finance is heading towards Rs 7000 mark if the support of Rs 5000 is defended aggressively, chart shows
The stock price has broken out on the daily chart with higher volumes
Technical indicators RSI and MACD hint of fresh upside momentum in the IRCTC stock
Bajaj Pay, the new product, is expected to be rolled out in the current quarter and is targeted at its existing customers
In a discussion paper released on its website, the RBI has suggested a four-tier pyramid structure for the sector.
BFL's credit costs will stay elevated at about 5 per cent in fiscal 2021 and improve to 2.5-2.7 per cent of total loans in fiscal 2022
Competition Commission of India approved the acquisition of stake in Max Life Insurance by Axis Bank, Axis Capital and Axis Securities
Auto loans, B2B and B2C consumer durable loans face the heat in Q3
With this app, Bajaj Finance will make an entry into the digital payments space