&w=3840&q=100)
Bajaj Housing Finance shares rise 2% after company releases Q1 update
The company's market capitalisation stood at ₹1,02,862.67 crore. Its 52-week high was at ₹188.45 per share and 52-week low was at ₹103 per share.
Why are Bajaj Housing Finance shares in demand?
The buying on the counter came after the company released its Q1 business update. According to the filing, the company disbursed (Gross Disbursement) in Q1FY26 stood at ₹14,640 crore as compared to ₹12,004 crore in Q1 FY25.
Its assets under management (AUM) grew by 24 per cent to approximately ₹1,20,400 crore as of June 30, 2025, as compared to ₹97,071 crore as of June 30, 2024.
The AUM in Q1 FY26 grew by approximately ₹5,716 crore and its Loan Assets (AR) stood at ₹1,05,940 crore as of June 30, 2025, as compared to ₹85,283 crore a year ago.
Bajaj Housing Finance Q4 results
The housing finance arm of Bajaj Group reported a 54 per cent year-on-year (Y-o-Y) surge in the company's net profit in Q4FY25. Bajaj Housing's Q4FY25 profit came at ₹587 crore as against ₹381 crore in the corresponding quarter last year.
Operationally, its net interest income (NII) jumped 31 per cent Y-o-Y to ₹823 crore, while the net interest margin (NIM) expanded to 4.1 per cent vs 3.8 per cent Y-o-Y.
The company's assets under management (AUM), at the end of the March quarter, stood at ₹1.15 trillion, up 26 per cent from ₹91,370-crore AUM seen at the end of Q4FY24.
At the end of Q4 FY25, the Stage-1 assets of the company stood at 99.39 per cent as against 99.34 per cent; Stage-2 was at 0.32 per cent as opposed to 0.37 per cent in the previous quarter. The Stage-3 PCR assets stood at 60.25 per cent at the end of the last quarter of FY25 as compared to 55.44 per cent in the October–December quarter of FY25.
Bajaj Housing Finance shares listed on the NSE and BSE on September 16, 2024, at ₹150 per share. The shares had debuted in the markets at a premium of 114 per cent compared to the IPO issue price of ₹70 per share.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Sebi's Jane Street ban: Zerodha's Nikhil Kamath shocked trading firm ‘kept at it despite warnings'; quips ‘they're used to lenient US regulatory regime'
Market regulator Sebi's sweeping action against global proprietary trading firm Jane Street has triggered wider concerns about India's options markets, with Zerodha founder and CEO Nithin Kamath warning that the crackdown, while justified, could adversely affect retail trading activity and hit exchanges and brokers. 'You've got to hand it to SEBI for going after Jane Street. If the allegations are true, it's blatant market manipulation. The shocking part? They kept at it even after receiving warnings from the exchanges. Maybe this is what happens when you're used to the lenient US regulatory regime. Think about the structure of U.S. markets: dark pools, payment for order flow, and other loopholes that allow hedge funds to make billions off retail investors. None of these practices would be allowed in India, thanks to our regulators,' Kamath posted on X. 'That said, there's a flip side. Prop trading firms like Jane Street account for nearly 50% of options trading volumes. If they pull back— which seems likely —retail activity (~35%) could take a hit too. So this could be bad news for both exchanges and brokers. The next few days will be telling. F&O volumes might reveal just how reliant we are on these prop giants. I'll share more data as and when anything interesting turns up,' he added. Jane Street is accused of executing a massive Rs 36,500 crore scam by booking Rs 43,289 crore in options profits while deliberately incurring Rs 7,208 crore in losses in the futures and equities markets, according to an ET report. Sebi, in a 105-page interim order issued Thursday, said the firm manipulated market prices by gaming the auction mechanism on the NSE and the BSE, thereby distorting the true price discovery process. The interim order imposed sweeping restrictions on Jane Street and its related entities. The firms have been barred from accessing the securities market — directly or indirectly — and their bank, demat, and custodial accounts have been frozen. While no debits are permitted without Sebi's approval, credits can be accepted. In addition, the regulator has ordered the impounding of Rs 4,843.57 crore in alleged illegal gains, to be placed in an escrow account with a lien in Sebi's favour. The entities have also been prohibited from disposing of or alienating any of their assets in India until the full amount is deposited. Sebi has given Jane Street 21 days to file objections and has offered the opportunity for a personal hearing. In response, Jane Street told Reuters in an emailed statement: 'Jane Street is committed to operating in compliance with all regulations in the regions we operate around the world. Jane Street disputes the findings of the SEBI interim order and will further engage with the regulator.' Meanwhile, stock exchanges have been instructed to closely monitor any future dealings by the firm to ensure there is no recurrence of similar behaviour. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
2 hours ago
- Time of India
Tourism Finance Corporation board to meet on July 10 to consider stock split
Tourism Finance Corporation of India's (TFCI) board of directors will meet on Thursday, July 10 to consider the proposal for a stock split. The manner of sub-division of equity shares of face value of Rs 10 each will be decided during the meeting. The company in its filing to the exchanges on Friday informed about the board meeting. It said that the trading window for dealing in the securities of the company by the designated or connected persons will be closed from July 1 till 48 hours after the declaration of financial results. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Record di vendite in Italia per il bracciale anti-zanzare! Liberati dalle zanzare e dormi tranquillo ZSONIC Acquista ora Undo Tourism Finance Corporation is a smallcap stock with a market capitalisation of Rs 2,426 crore. Shares of Tourism Finance Corporation ended Friday's trade at Rs 262 on the NSE, surging by 8.21% or Rs 19.87 from Thursday's closing price. The stock also hit a fresh 52-week high of Rs 264. TFCI is a premier public financial institution which commenced operations in 1989 and provides finance and advisory services to the tourism sector in India. Besides tourism, TFCI is now also providing finance to educational institutions, healthcare institutions, non-banking finance companies, and the real estate sector engaged in affordable/middle-class housing development among other sectors. Live Events The stock has been in top form in 2025 so far, delivering 58% returns and significantly outperforming the Nifty whose returns on the year-to-date basis is 7%. On the one-year basis, TFCI has yielded 28% versus 5% by the 50-stock index. Also Read: Vedanta's investor dilemma: Dividend king, pauper returns; time to buy or say bye? The company reported Q4FY25 net profit of Rs 30 crore versus Rs 20 crore posted by the company in the year-ago period. This is a 48% year-on-year growth. The total revenue in the quarter under review stood at Rs 70 core, which is a YoY 21% jump over Rs 58 crore posted in the corresponding quarter of the last financial year.
&w=3840&q=100)
Business Standard
2 hours ago
- Business Standard
Crizac's ₹860 crore IPO subscribed 59.82 times on final bidding day
The ₹860-crore initial share sale received bids for 154,56,79,488 shares against 2,58,36,909 shares on offer, as per NSE data The initial public offer of student recruitment solutions provider Crizac Ltd got subscribed 59.82 times on the closing day of bidding on Friday. The ₹860-crore initial share sale received bids for 154,56,79,488 shares against 2,58,36,909 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) got subscribed a whopping 134.35 times while the quota for non-institutional investors fetched 76.15 times subscription. Retail Individual Investors (RIIs) part received 10.24 times subscription. Crizac on Tuesday said it has garnered ₹258 crore from anchor investors. The price band has been fixed at ₹233-245 per share for the initial public offering (IPO). The IPO is entirely an offer for sale (OFS) of equity shares worth₹ 860 crore by promoters Pinky Agarwal and Manish Agarwal with no fresh issue component, as per the red herring prospectus. The OFS consists sale of equity shares worth₹ 723 crore by Pinky Agarwal and ₹137 crore by Manish. Since the issue is an OFS, Crizac will not receive any proceeds from the IPO. The company, which had proposed to raise ₹1,000 crore in November last year, has trimmed the issue size to ₹860 crore. It did not provide any specific reason for the downward revision in the offer size. The Kolkata-based firm is a B2B education platform for agents and global institutions, offering international student recruitment solutions to global institutions of higher education in the UK, Ireland, Canada, Australia and New Zealand. The company's shares will be listed on the BSE and NSE. Equirus Capital and Anand Rathi Advisors are the book running lead managers for the IPO. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
