Bajaj Finance shares jump 5 pc on highest ever quarterly net profit in Q3
The scrip climbed 4.95 per cent to close at Rs 4,421.75 on the BSE. During the day, it advanced 5.49 per cent to Rs 4,444.40 -- its 52-week high.
On the NSE, it gained 5 per cent to close at Rs 4,426.20.
In terms of traded volume, 1.67 lakh shares of the company were traded on the BSE and over 45 lakh units exchanged hands on the NSE.
The stock was the top gainer in the Sensex pack.
BFL on Wednesday reported highest ever quarterly consolidated net profit at Rs 1,614 crore in December 2019 quarter on the back of healthy interest income.
The non-banking finance company posted a 52 per cent jump in Q3 net profit as compared with Rs 1,060 crore in the year-ago quarter.
Total income of the company grew 41 per cent to Rs 7,026 crore for October-December of 2019-20 as against Rs 4,992 crore in year ago period, Bajaj Finance said in a regulatory filing.
The company's asset under management (AUM) as on December 31, 2019, rose to Rs 1,45,092 crore, up 35 per cent from Rs 1,07,507 crore. SUM RUJ RUJ