Bajaj Finance share price: Sell Bajaj Finance, target price Rs 5500: IIFL
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Bajaj Finance Ltd., included in the year 1987, is a Substantial Cap enterprise (having a sector cap of Rs 351572.76 Crore) running in NBFC sector.
Bajaj Finance Ltd. important Items/Earnings Segments incorporate Curiosity, Fees & Commission Earnings, Profits From Sale Of Share & Securities, Other Running Income and Support Rates for the calendar year ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the firm documented a Consolidated Complete Earnings of Rs 8630.28 Crore, up 1.12 % from previous quarter Whole Cash flow of Rs 8535.06 Crore and up 25.90 % from last 12 months exact same quarter Overall Profits of Rs 6854.94 Crore. Firm noted internet income soon after tax of Rs 2419.51 Crore in latest quarter.
Investment Rationale
The inventory has damaged the earlier swing small.
Promoter/FII Holdings
Promoters held 55.86 for each cent stake in the business as of 31-Mar-2022, whilst FIIs owned 22.75 per cent, DIIs 9.89 per cent.
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