INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Bajaj Finserv Ltd
with a target price of Rs 6620
The current market price of Bajaj Finserv Ltd
is Rs 6508.15 Time period given by analyst is Intra Day when Bajaj Finserv Ltd
price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 6400
Bajaj Finserv Ltd., incorporated in 2007, is a largecap company with a market cap of
Rs 103568.17 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 year ending 31-Mar-2018
For quarter ended 30-09-2018, 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
Bajaj, Mr.Rajiv Bajaj, Mr.Sanjiv Bajaj
Company has SRBC Co LLP as its auditoRs As on 31-12-2018, company has a total of 159,136,111 shares outstanding
