Bajaj Finance Share Price History from 1995 to 2023

In this article, you will find the details of Bajaj Finance Share Price History. Additionally, we will provide important fundamental details about Bajaj Finance Shares.

Bajaj Finance Share Price History

In the mid-1990s, Bajaj Finance began its journey with a share price of ₹7.55 in 1995. The subsequent years were a roller-coaster for the company. By 1996, the share price had plummeted to ₹3.91, marking a decline of 48.3%. This downward trend continued until 1997, but the company rebounded in 1999 with a 42% rise.

The start of the new millennium was challenging for Bajaj Finance, as the price dropped by 39.1% in 2000. However, brighter days were on the horizon. The early 2000s saw remarkable growth, with the share price reaching ₹8.19 in 2003, nearly doubling from the previous year. This upward trend continued, and by 2005, the company’s shares had skyrocketed by 242.6% to ₹39.30.
Yet, challenges persisted. 2008 was a tough year with a massive decline of 85.2%, pulling the share price down to ₹6.31. But Bajaj Finance showed resilience.

The following year, 2009, marked an astonishing recovery with a 407.6% surge. This resurgence began a golden era for the company, with shares reaching ₹601.32 by 2015. By 2017, the company had more than doubled its 2016 share price, standing at ₹1756.80. Over the next few years, Bajaj Finance witnessed steady growth, reaching its zenith at ₹7421.80 in 2023, despite a minor setback in 2022. This story of persistence and growth is a testament to the company’s resilience and strategic planning.

Also Read: SBI Share Price History from 1995

About Bajaj Finance

Bajaj Finance, a prominent name in the financial services sector, has established itself as a trusted and reliable brand. Originating from India, this non-banking financial company (NBFC) offers diverse lending, wealth management, and insurance solutions.

With its customer-centric approach, Bajaj Finance has catered to the diverse financial needs of millions, whether it’s through personal loans, home loans, or consumer durable loans. Their transparent policies and seamless digital processes have made loan approvals and disbursals quicker and hassle-free for customers, strengthening the bond of trust.

Over the years, Bajaj Finance has not only expanded its portfolio of offerings but has also adopted the latest technological innovations to enhance user experience. Their online platforms provide easy access for users to manage their accounts, make payments, and seek support.

Furthermore, their commitment to responsible lending ensures that customers receive sound financial advice and products that fit their needs. This approach, combined with their resilience in adapting to market changes, has solidified Bajaj Finance’s position as a leader in the financial services industry, continually setting benchmarks for excellence and innovation.

Fundamentals of Bajaj Finance

Here are some primary fundamental data about Bajaj Finance (until 2023):

Market Capitalization and Share Details:

Bajaj Finance, with a market capitalization of ₹ 4,49,726 Cr., holds a significant position in the financial sector. The stock’s current price stands at ₹ 7,421, showcasing a range between a high of ₹ 8,192 and a low of ₹ 5,486 in recent times. Each share has a face value of ₹ 2.00.

Financial Performance and Ratios:

Delving into its performance metrics, Bajaj Finance possesses a Price-to-earnings (P/E) ratio of 34.3, indicating the amount investors are willing to pay for each rupee of earnings. The company’s book value per share is ₹ 988. On the dividend front, the firm offers a yield of 0.40%, ensuring some returns for its shareholders. The Earnings Per Share (EPS), a reflection of the company’s profitability, is commendable at ₹ 217.

Profitability and Debt:

When analyzing the company’s efficiency and profitability, the Return on Capital Employed (ROCE) stands at 11.8%, suggesting how well the company uses its capital to generate returns. Additionally, the Return on Equity (ROE) is at 23.5%, indicating the firm’s ability to generate profits using shareholders’ equity. However, Bajaj Finance has a significant debt amounting to ₹ 2,56,549 Cr., leading to a debt-to-equity ratio of 4.28, showing the company’s reliance on borrowed funds compared to shareholders’ equity.

Ownership Structure

Lastly, the promoter holding in the company is robust at 55.9%, indicating strong confidence and commitment from the company’s management and leadership.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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