Table of Contents
Why is Bajaj Finance so successful?
BAF’s success has been underpinned not just by its unique use of technology but also by access to low cost of funding courtesy its Bajaj group parentage.
What was the price of Bajaj Finance in 2009?
Bajaj Finance share price in 2009 was 7 Rupees….Bajaj Finance Share price history.
Year | share price on 1st January |
---|---|
2009 | 7 |
2010 | 36 |
2011 | 71 |
2012 | 73 |
What is difference between Bajaj and Bajaj Finance?
Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian non-banking financial company (NBFC). The company deals in consumer finance, SME (small and medium-sized enterprises) and commercial lending, and wealth management.
Who founded Bajaj Finance?
Jamnalal Bajaj
Bajaj Finserv
Type | Public |
---|---|
Founded | May 2007 |
Founder | Jamnalal Bajaj |
Headquarters | Pune, Maharashtra , India |
Key people | Rahul Bajaj (Chairman) Sanjiv Bajaj (MD & CEO) |
When did Bajaj go public?
Starting as a humble two-wheeler finance company, Bajaj Auto Finance Limited was incorporated on 25 March, 1987. In the same year on 20 October it became a deemed public company u/s 43A (1) of the Companies Act 1956. On 24 September, 1988 it was registered as a Public Limited Company.
Do you lose money in stocks?
Yes, you can lose any amount of money invested in stocks. A company can lose all its value, which will likely translate into a declining stock price. Stock prices also fluctuate depending on the supply and demand of the stock. If a stock drops to zero, you can lose all the money you’ve invested.
Is Bajaj Finance trustworthy?
Bajaj Finance bags ICRA’s highest MAAA rating and CRISIL’s highest FAAA rating, making it one of the most trustworthy and safest NBFCs offering FD. Additionally, Bajaj Finance is the only Indian NBFC to earn BBB’s international rating from S&P Global.
Who is the owner of Bajaj Finance?
Bajaj Group
Bajaj Finserv Ltd./Parent organizations
How much did you invest in Bajaj Finance in 2009?
Shares of the company have soared 39,253 per cent to close at Rs 1,826 on August 28, 2017 from Rs 4.64 on March 9, 2009. The rise in share price indicates that an investment of Rs 10,000 in Bajaj Finance in 2009 would have now become over Rs 39 lakh. This is the power of the buy-and-hold strategy.
What is Bajaj Finserv’s net profit at Rs 655 crore?
Last week, Bajaj Finserv reported 22 per cent increase in consolidated net profit at Rs 655 crore during the first quarter ended June 30, aided by growth in NBFC and general insurance business. Bajaj Finance is a non-banking finance company, lending for purchase of consumer durables, housing loans and for small and medium enterprises.
What is the power of buy-and-hold in Bajaj Finance?
The rise in share price indicates that an investment of Rs 10,000 in Bajaj Finance in 2009 would have now become over Rs 39 lakh. This is the power of the buy-and-hold strategy. Did you Know? Stock score of Bajaj Finance Ltd moved up by 1 in a month on a 10-point scale.
What is the annual disbursement of Bajaj Auto Finance?
Bajaj Auto Finance crossed Rs. 500 crore of annual disbursement in 2000. It doubled this within six years to Rs. 1,000 crore in 2006 also saw BFL’s Assets Under Management crossing the Rs. 1,000 crore milestone. The Shareholders’ Funds crossed the Rs. 1,000 crore milestone in 2008.