Shares of Bajaj Finance Limited ended higher over 4pc higher on Thursday after the finance company’s fourth quarter net profit emerged at Rs.1,176-cr as against Rs.748-cr, which is up by 57pc year-on-year. Its consolidated NII has arrived at Rs.3,395-cr, which was up by 50pc year on year.
Reacting to these earning prospects, the Bajaj Finance stock was at upper circuit during the day. The stock opened at Rs3,014.00-per share and registered a high of Rs.3129/- and also dipped to a low of Rs3,010.25 per share.
On closing hours, the stock ended at Rs.3,124.00- per share, up by Rs.121.25 or 4.04 percent. Meanwhile, the benchmark indices were upbeat with BSE Sensex ending at 37,393.48 up by 278.60 points or 0.75pc and Nifty at 11,257.10, up by 100.10pts.
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