INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Bajaj Finserv Ltd
with a target price of Rs 6700
The current market price of Bajaj Finserv Ltd
Time period given by the analyst is Intra Day when Bajaj Finserv Ltd
price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 6,400.
Bajaj Finserv Ltd., incorporated in 2007, is a largecap company with a market cap
of Rs 103259.44 crore.
Bajaj Finserv Ltd
key Products/Revenue Segments include Dividend which contributed Rs 114.41 Crore to Sales Value (47.71 % of Total Sales), Interest which
contributed Rs 50.60 Crore to Sales Value (21.10 % of Total Sales), Power Generation which contributed Rs 47.87 Crore to Sales Value (19.96
% of Total Sales), Renewable Energy Certificates which contributed Rs 24.08 Crore to Sales Value (10.04 % of Total Sales) and Income From
Sale Of Share Securities which contributed Rs 2.80 Crore to Sales Value (1.16 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 5065.33 Crore, up 28.45 % from last quarter Sales of
Rs 3943.55 Crore and up 61.50 % from last year same quarter Sales of Rs 3136.36 Crore Company has reported net profit after tax of Rs
1190.80 Crore in latest quarter
The company’s top management includes Dr.Gita Piramal, Dr.Naushad Forbes, Mr.D J Balaji Rao, Mr.Madhur Bajaj, Mr.Nanoo Pamnani, Mr.Rahul
Bajaj, Mr.Rajiv Bajaj, Mr.Sanjiv Bajaj
Company has SRBC Co LLP as its auditoRs As on 31-12-2018, the company has a total of 159,136,111 shares outstanding
