Page 6 - Bajaj Finserv

Unifi Capital gets nod for MF biz; Bajaj Finserv MF launches new fund

Newly-formed Bajaj Finserv Asset Management has announced the launch of a balanced advantage fund (BAF) - schemes that dynamically invest in both equity and debt

Bajaj Finserv Q2 consolidated net profit rises 24% to Rs 1,929 cr

Bajaj Finserv Ltd on Friday reported consolidated net profit of Rs 1,929 crore for the quarter ended September 30, up 24 per cent year-on-year. The company's profit after tax was at Rs 1,557 crore in the second quarter of the last financial year. Consolidated total income of Bajaj Finserv stood at Rs 26,023 crore in the second quarter of the fiscal, up 25 per cent from Rs 20,803 crore in the year-ago quarter, the company said in filing to stock exchanges. It further said Bajaj Finance Limited (BFL) recorded a quarterly increase in the customer franchise of 3.58 million and number of new loans booked at 8.53 million in the second quarter of fiscal 2023-24. "Its quarterly consolidated profit after tax increased by 28 per cent, while its wholly-owned subsidiary, BHFL, recorded growth of 47 per cent in profit after tax," the release said. Further, BFL's deposit book crossed a milestone of Rs 50,000 crore in the quarter. Bajaj Finance, consolidated profit after tax was at Rs 3,551 cro

Bajaj Finance picks 26% stake in fintech firm Pennant Technologies

Pennant will become a related party of Bajaj Finance after completion of deal

Bajaj Fin up 3% as nod for Rs10,000 cr fund raise; here's what analysts say

This capital raise could then be a tacit acknowledgment that Bajaj Finance is readying its capital ammunition for how the competitive landscape is going to evolve over next few years, said analyst.

Bajaj Finance to raise Rs 10,000 crore via QIP, preferential issue

Out of the total, Rs 8,800 crore will be raised via QIP and the remaining Rs 1,200 crore will be via preferential allotment of shares to Bajaj Finserv

Stocks to Watch today: Bajaj duo, LIC, JSW Infra, Adan Ent, HDFC Bank, DLF

Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore

Easing yields, oil prices lift Sensex 320 pts; Pharma stocks steal the show

Closing Bell on September 29, 2023: The Nifty50, on the other hand, gained 115 points to shut shop at 19.638. Sectorally, the Nifty Pharma index jumped the most, up 2.7 per cent

How Bajaj Finserv MF uses behavioural finance in investment philosophy

Here's how Bajaj Finserv Mutual Fund uses behavioural finance in its investment philosophy

Bajaj Finance plans to enter new car, MFI, tractor finance segments

Bajaj Finance is already into used car financing and is in the process of tying up with dealers for new four-wheeler financing

Focus on behavioural aspects to be our key differentiator: Nimesh Chandan

Megatrends investing strategy is suited for a flexicap fund as it selects companies that have strong growth potential based on the long-term changes in the businesses, says Nimesh Chandan

How to trade Bajaj Finance and Bajaj Finserv post Q1FY24 earnings?

Trend in Bajaj twins remains sluggish and may slide in bear's grip if key levels are breached

Bajaj Finserv Q1 results: Consolidated net profit up 48% to Rs 1,943 crore

The interest income rose to Rs 12,130 crore in Q1FY24 from Rs 8,971 crore in Q1FY23

Sensex drops 440 pts on Thursday; Nifty ends July F&O series 3.6% higher

CLOSING BELL ON JULY 27, 2023: Sectorally, auto and energy shares bore brunt of the selling, while pharma and realty stocks ended with smart gains on Thursday.

Bajaj Finserv Q1 results: Net profit jumps 48.3% YoY to Rs 1,942.63 crore

The company's revenue from operations rose nearly 46.5% YoY to Rs 23,279.98 crore from Rs 15.888.26 crore last year

Advantage BAFs: Mutual fund houses line up funds amid a market surge

UTI MF launches new fund; 360 ONE and Bajaj Finserv file papers

Bajaj Finserv AMC launches first equity scheme in flexi-cap category

NFO opens on July 24, closes on August 7

Bajaj Finance soars 8%, hits 52-week high on strong Q1 business update

Assets under management (AUM) grew by 32 per cent to approximately Rs 2.7 trillion at the end of the June quarter

MF industry has grown to Rs 40 trn but it is only beginning: Sanjiv Bajaj

Pune-based Bajaj Finserv MF is set to launch products across equity, debt and hybrid categories this month

Bajaj Finserv expands retail capabilities with launch of new MF business

Bajaj Finserv Mutual Fund will launch a comprehensive set of products across fixed-income, hybrid, and equity categories

Stocks to Watch on Monday, June 5: SBI Life, Hero Moto, Bajaj Finserv, NTPC

Stocks to Watch today, June 5, 2023: Brent crude related stocks could see considerable action today as oil prices jumped over 2 per cent overnight, and another 2 per cent Monday morning