Buoyancy in tax collections brought back traders into metal names even as the Nifty Bank lent good support
Bajaj Finserv in July reported an over 31% decline in consolidated net profit at Rs 833 crore for the first quarter ended June 2021.
BSE Sensex rallied 145.29 points or 0.26% to a new closing high of 55,582.58. It also hit a record intra-day high of 55,680.75.
On a year-to-date (YTD) basis, the stock has zoomed 41.63% while the benchmark Sensex has added 9.65% during the same period.
The company acquired 1.9 million new customers in Q1 FY22 as compared to 0.5 million in Q1 FY21.
Abhishek Basumallick of Intelsense Capital shares insights about his investment strategies and is candid about the mistakes he has made
Bajaj Finance tumbled 4.28% to Rs 5737 after the company estimates that its gross and net non-performing assets could be higher in Q1 and Q2 of FY22.
Here are top money making ideas from technical analysts that may deliver good gains in the near term.
The launch of a digital wallet is part of the non-bank's broader strategy to expand its digital finance offerings
The consolidated net profit of the company has seen an annualised growth of 30% during the past six years.