CCI approved the acquisition of Bajaj Allianz Life Insurance Company, Bajaj Allianz General Insurance Company, and Bajaj Allianz Financial Distributors
Technical charts indicate that Bajaj Finance and Bajaj Finserv are threatening to trigger a sell call; post which these stocks can decline up to 11 per cent from present levels.
Bajaj Finserv Ltd (BFL) on Tuesday reported a 14 per cent increase in its consolidated net profit to Rs 2,417 crore in the fourth quarter ended March 2025. The company had posted a net profit of Rs 2,119 crore during the corresponding January-March period of the previous fiscal. The total consolidated income during the March 2025 quarter rose to Rs 35,596 crore against Rs 32,042 crore in the corresponding period of the previous financial year, BFL, the holding company for the various financial services businesses under the Bajaj group, said in a regulatory filing. The board recommended a dividend of Re 1 per share or 100 per cent on the face value of Re 1. The proposed dividend is to be approved by the shareholders at the ensuing Annual General Meeting. For the financial year 2024-25, the company witnessed a 9 per cent increase in profit at Rs 8,872 crore over Rs 8,148 crore in the previous fiscal. The total consolidated income rose to Rs 1,33,822 crore compared to Rs 1,10,383 cr
Q4 FY25 company results today: Bajaj Finserv, CEAT, IndiaMart, PSB, Schaeffler India, and Shoppers Stop will be among 42 companies to post earnings reports for the January-March quarter on Apr 29
If successful, Bajaj Group's acquisition of Allianz would mark the largest transaction in India's insurance industry to date
Bajaj Finserv AMC launches Nifty 50 & Next 50 Index Funds, offering low-cost, transparent access to India's top 100 stocks, ideal for long-term investors seeking steady equity growth
Bajaj Finserv shares gained 2% to ₹1,955.50 on the BSE in Tuesday's intra-day trade and quoted close to its record high level of ₹2,029 touched on September 27, 2024.
In next 10-15 years, India needs around four large capable, mature NBFCs, says Bajaj Finserv's Chairman and Managing Director Sanjiv Bajaj
The deal strengthens Bajaj Finserv's control, enhances strategic flexibility, and positions it for long-term growth in expanding insurance market, ICICI Securities said in a note.
Stocks to Watch on Tuesday: Bajaj Finserv, IndusInd Bank, Vedanta, Tata Motors, Zomato and Hindustan Unilever are among the top stocks to watch today, March 18, 2025
Post the acquisition, Bajaj Group's stake in the two insurance ventures will go up to 100 per cent from 74 per cent currently
15 Sensex stocks and 9 Nifty stocks outperformed the benchmark indices, so far in 2025, as they surged up to 23 per cent
Its consolidated total income rose by 10 per cent to Rs 32,042 crore in the reporting quarter (Q3FY25), from Rs 29,038 crore in the year-ago period
Bajaj Finserv Q3FY25 results: The company also approved the appointment of Ramandeep Singh Sahni as chief financial officer and whole-time key managerial personnel, effective February 1, 2025
On the weekly chart, Wipro stock has been in a steady uptrend since April 2023, reflecting a sustained bullish trajectory.
Bajaj Finserv stock has shown a relative outperformance to the broader markets in last few days and has now given a breakout from a consolidation phase
Bajaj Finserv stock has broken out of a flag and pole pattern on the daily chart with a large bodied bullish candle suggesting strength. The RSI indicator is rising which confirms the upward momentum
Nifty 50 today: The 50-stock benchmark index has formed a small candle within the previous day's move, which indicates probable change in the short-term trend, says Rajani