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Bajaj Finance Limited 3318.00 3.85 (0.12%)

  • BSE: 500490
  • |
  • NSE: BAJFINANCE
  • |
  • ISIN NO: INE296A01024
  • |
  • INDUSTRY: Finance (including NBFCs)
Profile

BAJFINANCE

Bajaj Finance or BAJFINANCE

In 1987, BAFL or Bajaj Auto Finance was being incorporated, and the company is engaged in the retail financing business. Earlier, the company was being promoted by both the Bajaj Auto as well as Bajaj Auto Holdings. As Bajaj Auto is the second-largest manufacturer of both the two and three-wheelers in India. And Bajaj Auto Holdings is an investment company, and soon Bajaj Auto Finance also changed its name from Bajaj Auto Finance Ltd to BAJA ... J FINANCE LTD in 2010. According to the scheme of de-merger of preceding Bajaj Auto, the stakes that are held by Bajaj Auto in BAFL were being transferred to Bajaj Finserv. So, currently, Bajaj Auto Finance is a subsidiary of the Bajaj Finserv. Currently, BAFL is also a non–banking financial company that is registered with the RBI or Reserve Bank of India and is also authorized to accept public deposits. The Company is also engaged in the business of providing finance for goods such as two-wheelers, personal computers, consumer durables, personal loans, insurance services, and more. In Financial Year 2007–08, the company extended its product line, along with the introduction of IPO financing for high net worth consumers. The Company also has modern infrastructure facilities, along with state–of–art technology that includes automated cheque handling facilities, and the computerized loan accounting with the online consumer data to process requests as well as consumer transactions efficiently. In 1994, the company (BAFL) went public and was also listed on the Bombay Stock Exchange as well as on the National Stock Exchange of India. It has its headquarters located at Pune, and the company also has a pan–India presence via 50 branches that include Mumbai, Hyderabad, New Delhi, Chennai, Nasik, Bangalore, Nagpur, Vijaywada, Vishakhapatnam, Goa, Kolkata, Madurai, and Pune. Also, the company has been serving approximately 40 lakh satisfied customers across the whole country.

Some of the Services offered:

The company offers several customer loans for the purchase of Avenger, Pulsar, Discover, Platina, KTM and Ninja motorcycles, and Bajaj RE three-wheelers.

Some of its Milestones:

  • BAFL is also amongst very few NBFCs in India to receive the FAAA rating from CRISIL or Credit Rating and Information Services India that reflects the highest level of credibility and safety of the depositors' money.
  • Also, the company has a short–term debt program that has been awarded a P1+ rating from the CRISIL. Also, its long–term debt program received AA+/Stable from the CRISIL and LAA+ from the ICRA.

Read More
Key Data
  • Market cap 174700.00 CR.
  • Book value 528.69
  • Stock P/E 41
  • Dividend Yield 0.34%
  • ROCE 13.02%
  • ROE 21.98%
  • Sales Growth (3Y) 33.55%
  • Face Value (3Y) 2.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 3325.00 3378.00
11 AM 3311.15 3378.00
12 PM - -
1 PM - -
2 PM - -
3 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Inside Day
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 2958.22 3081.17 3204.12 3259.13 3327.07 3382.08 3450.02 3572.97 3695.92
woodie's 2967.62 3090.57 3181.31 3213.52 3304.26 3336.48 3427.21 3459.42 3582.38
fibonacci - 3204.12 3251.06 3280.10 3327.07 3374.03 3403.07 3450.02 -
camarilla 3246.53 3280.34 3291.61 3302.88 -- 3325.42 3336.69 3347.96 3381.77
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 2770.00
3419.65
3085.16 13.46 % 1.94 %
20 DAY 2285.00
3419.65
2894.88 16.98 % 4.53 %
50 DAY 1783.00
3419.65
2444.59 81.94 % 19.69 %
100 DAY 1783.00
4923.40
2877.69 59.22 % 28.79 %
200 DAY 1783.00
4923.40
3504.58 -19.82 % -11.15 %
YTD 1783.00
4923.40
3210.19 -21.48 % -11.49 %
52 Week 1783.00
4923.40
3332.51 -1.18 % -6.63 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-06-22
2728.00 ~ 2714.55 SUPPORT
Unfilled Gap Up On 2020-06-19
2560.00 ~ 2541.70 SUPPORT
Unfilled Gap Up On 2020-06-01
1997.05 ~ 1980.00 SUPPORT
Unfilled Gap Down On 2020-03-06
4238.00 ~ 4273.15 RESISTANCE
Unfilled Gap Down On 2020-02-28
4640.00 ~ 4712.10 RESISTANCE
Unfilled Gap Up On 2018-03-27
1749.80 ~ 1748.00 SUPPORT
Unfilled Gap Up On 2018-03-13
1663.60 ~ 1637.90 SUPPORT
Unfilled Gap Up On 2017-03-14
1103.40 ~ 1100.00 SUPPORT
Unfilled Gap Down On 2016-09-08
1173.60 ~ 11294.00 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 15.25 %

In Last 5 Year the industry has grown by 14.46 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
BAJFINANCE 5392.00 7299.00 9970.00 12746.00 18485.00
SRTRANSFIN 8476.00 9177.00 10359.00 10903.00 13502.00 15529.00
RELCAPITAL 7467.00 8900.00 9941.00 17507.00 18725.00 20453.00
RECLTD 17223.00 20544.00 24125.00 24338.00 22658.00 25408.00
PFC 21407.00 24988.00 27861.00 27581.00 48624.00 54114.00
Total 13800.20 15917.00 18059.80 23251.00 26797.80 13643.25

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE GNPA REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 Bajaj Finance Limited 199407.21 3313.10 361.60 69.26 65.38 34.74 1.54% 18485.00 3995.00 21.61% 45.03% 60.06%
2 Paisalo Digital Ltd 67353.69 157.90 154.71 13.89 15.85 1.37 361.00 56.00 15.51% 19.54%
3 PTC INDIA FINANCIAL SERVICES LTD. 54641.40 8.55 32.19 2.87 4.97 0.29 1336.00 184.00 13.77% 12.74%
4 ARMAN FINANCIAL SERVICES LTD. 24912.40 293.50 124.77 30.69 26.84 3.00 141.00 21.00 14.89% 80.77% 200.00%
5 The Investment Trust Of India Ltd 50513.41 99.00 74.90 6.92 17.11 0.69 630.12 35.29 5.60% 87.83% 32.01%
6 PNB GILTS LTD. 47252.88 26.25 50.01
7 SREI INFRASTRUCTURE FINANCE LTD. 37908.43 7.51 58.62 9.67 0.91 0.97 6565.00 487.00 7.42% 21.53% 28.84% 22.78% 19.50%
8 NALWA SONS INVESTMENTS LTD. 33285.22 634.50 5870.00 151.95 5.13 15.60 43.00 78.00 181.40% 19.44% 609.09% 1.51%
9 VARDHMAN HOLDINGS LTD. 31866.51 1000.00 1922.00 632.23 2.03 67.33 9.00 202.00 2244.44% 12.85%
10 POWER FINANCE CORPORATION LTD. 22094.08 83.65 172.14 37.58 3.27 3.76 54114.00 9921.00 18.33% 11.29% 48.32% 23.44% 21.04%
11 MUTHOOT FINANCE LTD. 43437.06 1084.00 264.32 51.86 14.65 5.18 7594.00 2078.00 27.36% 13.11% 13.55%
12 REC Ltd 20696.87 104.80 186.52 29.07 5.19 2.91 25408.00 5741.00 22.60% 12.14% 28.98% 17.93% 16.25%
13 CREST VENTURES LIMITED 17399.06 60.00 115.63 16.84 5.70 1.71 52.00 48.00 92.31% 47.27%
14 Cholamandalam Investment and Finance Company Ltd 16297.69 208.35 83.19 15.32 22.37 7.68 7088.00 1198.00 16.90% 27.50% 30.36% 20.05%
15 SHRIRAM TRANSPORT FINANCE CO.LTD. 15892.34 699.10 751.03 113.51 9.98 11.35 15529.00 2576.00 16.59% 15.01% 1.06%
16 MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. 12593.13 203.85 174.08 29.72 13.05 14.85 10429.00 1827.00 17.52% 31.85% 54.18% 22.27% 23.58%
17 RELIANCE CAPITAL LTD. 30742.46 12.15 234.54 20453.00 9.23% 13.41%
18 SUNDARAM FINANCE LTD. 14114.02 1269.95 478.23 105.40 15.83 10.55 3772.00 1161.00 30.78% 59.04% 8.03% 21.33%
19 INDUSTRIAL INVESTMENT TRUST LTD. 16532.44 75.05 206.44 23.00 27.78% 1.93%
20 MANAPPURAM FINANCE LTD. 13556.39 160.30 56.88 10.94 15.43 5.46 0.55% 4116.00 922.00 22.40% 20.32% 36.19% 37.94% 40.85%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 9.03
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 31.12
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

BAJFINANCE: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
BAJFINANCE20JULFUT 7331250.00 3533500.00 3306.65 250 2020-07-30
BAJFINANCE20AUGFUT 331500.00 77750.00 3313.15 250 2020-08-27
BAJFINANCE20SEPFUT 14250.00 1500.00 3340.00 250 2020-09-24
ROLLOVER COST: 0.20% (INR 6.50)
ROLLOVER%:4.50%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BAJFINANCE 2017-01-23 AXIS MUTUAL FUND S 3925000.00 929.25
BAJFINANCE 2017-01-23 AXIS MUTUAL FUND P 3925000.00 929.25
BAJFINANCE 2012-12-21 EL DORADO HOLDINGS I LIMITED S 300000.00 1260.07
BAJFINANCE 2011-01-04 DOHA INVESTMENT COMPANY P 330000.00 705.00
BAJFINANCE 2011-01-04 MORGAN STANLEY MAURITIUS COMPANY LIMITED S 330000.00 705.00
BAJFINANCE 2010-09-15 COPA CABANA S 253281.00 755.02
BAJFINANCE 2010-07-05 BAJAJ FINSERV LIMITED P 2116900.00 471.90
BAJFINANCE 2010-07-05 BAJAJ HOLDINGS AND INVESTMENT LIMITED S 2116900.00 471.90
BAJFINANCE 2010-03-26 BAJAJ FINSERV LIMITED P 455600.00 305.00
BAJFINANCE 2010-03-26 JAMNALAL SONS AND CO. S 455600.00 305.00
BAJFINANCE 2010-03-23 BAJAJ FINSERV LTD P 513423.00 309.75
BAJFINANCE 2010-02-16 KMUK A/C PREMIER INVESTMENT S 646240.00 288.76
BAJFINANCE 2010-02-16 RELIANCE CAP. TRUSTEE CO. LTD A/C RELIANCE TAX SAVER ELSS FUND P 803000.00 288.75
BAJFINANCE 2008-10-08 J P M S L AC COPTHALL MAURITIUS INVESTMENT LTD P 1179673.00 97.00
BAJFINANCE 2008-10-08 MORGAN STANLEY MAURITIUS COMPANY LIMITED S 1179673.00 97.00
BAJFINANCE 2008-08-06 BLUERIDGE OFFSHORE MASTER LTD PASTERSHIP S 360575.00 121.58
BAJFINANCE 2006-05-19 COPA CABANA P 105793.00 454.32
BAJFINANCE 2006-03-10 RASHMI PODDAR S 100000.00 570.00
BAJFINANCE 2006-03-10 ROHITASHWA PODDAR S 145000.00 570.00
BAJFINANCE 2006-03-10 SANDHINI PODDAR S 120000.00 570.00
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BAJFINANCE 2020-03-19 BLACKROCK GLOBAL FUNDS INDIA FUND P 45000.00 2953.00
BAJFINANCE 2020-03-19 MERRILL LYNCH INDIA EQUITIES FUND (MAURITIUS) LIMITED S 45000.00 2953.00
BAJFINANCE 2020-03-17 MERRILL LYNCH INDIA EQUITIES FUND (MAURITIUS) LIMITED S 29000.00 3616.00
BAJFINANCE 2020-03-17 BLACKROCK GLOBAL FUNDS INDIA FUND P 29000.00 3616.00
BAJFINANCE 2018-06-04 ABU DHABI INVESTMENT COUNCIL NOOSA S 1030000.00 2075.00
BAJFINANCE 2018-06-04 AL MEHWAR COMMERCIAL INVSTMENTS LLC NOOSA P 1030000.00 2075.00
BAJFINANCE 2017-04-07 MANKEKAR SHIVANAND S P 690000.00 1184.00
BAJFINANCE 2017-04-07 OM KEDAR INVESTMENTS S 690000.00 1184.00
BAJFINANCE 2017-02-27 KEDAR SHIVANAND MANKEKAR P 150000.00 1075.00
BAJFINANCE 2017-02-27 OM KEDAR INVESTMENTS S 150000.00 1075.00
BAJFINANCE 2010-03-26 JAMNALAL SONS & CO. S 455600.00 305.00
BAJFINANCE 2010-03-26 BAJAJ FINSERV LIMITED P 455600.00 305.00
Dividend history
Ex Date Amount
2020-03-03 10.00
2019-07-11 6.00
2018-07-05 4.00
2017-07-06 3.60
2016-07-14 7.00
2016-03-16 18.00
2015-07-09 18.00
2014-07-03 16.00
2013-07-04 15.00
2012-07-05 12.00
2011-06-29 10.00
2010-07-08 6.00
2009-06-29 2.00
2008-06-27 1.00
2001-06-29 3.00
Bonus Data
Company Name Split Date From Value To Value
Bajaj Finance Limited 2016-09-08 1.00 1.00
Split Data
Company Name Split Date From Value To Value
Bajaj Finance Limited 2016-09-08 10.00 2.00