Bajaj Finance traded at 954.50 this Friday May 8th, decreasing 18.25 or 1.88 percent since the previous trading session. Looking back, over the last four weeks, Bajaj Finance lost 5.67 percent. Over the last 12 months, its price rose by 10.46 percent. Looking ahead, we forecast Bajaj Finance to be priced at 916.20 by the end of this quarter and at 856.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Bajaj Finance Ltd. is an India-based non-banking financial company (NBFC). The Company is mainly engaged in the business of lending and accepting deposits. It has a diversified lending portfolio across retail, small and medium-sized enterprises (SMEs) and commercial customers with a presence in both urban and rural India. It also accepts public and corporate deposits and offers a variety of financial service products to its customers. Its products include Consumer Finance, Commercial Lending, SME Finance, Investment, Corporate Finance, and Financial Institutions Lending. Its Consumer Finance includes Digital Product Finance, Lifestyle Finance, Durable Finance, Personal Loan, Home Loan, Retailer Finance, and others. Its commercial lending includes Vendor Financing, Large Value Lease Rental Discounting, Loans against Securities, and others. Its investments include fixed deposit and mutual funds. Its subsidiaries include Bajaj Housing Finance Ltd. and Bajaj Financial Securities Ltd.