Bajaj Finance Share Price returned 27.86% CAGR in 3 years
Bajaj Finance Limited (NSE: BAJFINANCE) company’s core business segment is into Finance and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 6766.98 which is above the SMA 300 value 6698.67 while the Relative Strength Index (RSI) is showing at 85.27.
The trendline is very strong which indicates a bullish momentum ahead. This can be an accumulation period through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 427185/- Crore positioning it in bluechip stocks group listed on NSE India.
What made Bajaj Finance Share Price to return 27.86% CAGR in 3 years?
Bajaj Finance Share Price is currently trading at Rs.
7209.1
per stock &
Bajaj Finance Technical Chart
performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 27.86%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
Bajaj Finance's 52 week low price at Rs. 5220/- & 52 week high price at 8050/-
Note: The closing price Rs.3448.7/- of stock on 16-07-2019 was considered for CAGR calculation on a 3 years base with respect to the latest closing price.
Why one should consider Bajaj Finance Share Price now?
Following are the strong fundamental analysis of Bajaj Finance Share Price which will definitely make to think in one of the bluechip companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of Bajaj Finance
| Market Capitalization | Rs. 427185 Crore | Return On Equity (ROE) | 17.43% |
| P/E Ratio (TTM) | 49.73 | EPS (TTM) | 142.29 |
| P/B Ratio | 9.77 | Dividend Yield | 0.28% |
| Industry P/E Ratio | 20.06 | Book Value | 724.58 |
| Debt to Equity | 3.08 | Face Value | 2 |
Financial Statement of Bajaj Finance
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 12,744.0 | 2,496.0 | 15,848.0 |
| 2019 | 18,485.0 | 3,995.0 | 19,697.0 |
| 2020 | 26,374.0 | 5,264.0 | 32,328.0 |
| 2021 | 26,668.0 | 4,420.0 | 36,918.0 |
| 2022 | 31,632.0 | 7,028.0 | 43,713.0 |
Shareholding Pattern of Bajaj Finance
| Promoters | 55.86% |
| Retail Investors | 14.35% |
| Foreign Investors | 19.98% |
| Mutual Funds | 8.40% |
| Other Domestic Institutions | 1.41% |
Bajaj Finance Limited
Bajaj Finance Limited is a Financial sector Non-Banking Financial Company established in the year 1987 at Pune, India. The company has expanded to a 5 crore customer base today & is a subsidary of Bajaj Finserv Limited under Bajaj Group.
The company offers its services in Life style finance, Personal finance, Mortagage loans, Digital products finance, Small business loans, SME loans, Automobile loans, Retail EMI, E-Commerce wallets, Loan against securities, Home loan, Gold loans etc., catering upto rural areas of India. Read more about Bajaj Finance Limited company here from its official website.
Competitors of Bajaj Finance
As Bajaj Finance comes under Finance sector; there are quiet a few peer competitors to BAJFINANCE and here is a list of Top 5 Finance Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in Bajaj Finance on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in Bajaj Finance with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying Bajaj Finance now, click here to open Demat account with 5paisa App.
References and Links:
- Bajaj Finance stock chart: https://chartink.com/stocks/BAJFINANCE.html
- About Bajaj Finance Company Profile: https://www.bajajfinserv.in/corporate-bajaj-finance
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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