4:1 Bonus Share& 1:2 Stock Split; Record Date This Month: Will This Bajaj Group-Multibagger Stock Make an All-Time High Tomorrow?
The stock is up by 46 per cent from its 52-week low of Rs 6,426.05 per share and has given multibagger returns of over 1,900 per cent in 10 years.
On Friday, the stock market was trading in green with the BSE Sensex Index and the NSE Nifty-50 Index up 0.92 per cent and over 1 per cent, respectively. At the closing bell, shares of this Bajaj Group-multibagger Stock jumped 4.93 per cent to Rs 9,373.05 per share with an intraday high of Rs 9,431 per share and an intraday low of Rs 8,877.40 per share from its previous closing of Rs 8,932.45 per share. The shares of the company saw a spurt in volume by more than 2 times on the BSE and are expected to be in focus tomorrow as it is very close to making a new all-time high.
Further to its letter dated April 29, 2025, the company has announced that Monday, June 16, 2025, has been set as the Record Date for two key corporate actions, both subject to shareholder approval. These actions include a sub-division of equity shares, splitting each fully paid-up share with a face value of Rs 2 into two equity shares with a face value of Re 1 each. Additionally, the company plans to issue bonus equity shares in a 4:1 ratio, meaning four new bonus shares of Re 1 each for every one existing equity share of Re. 1.
According to Quarterly Results, the net sales increased by 24 per cent to Rs 16,359.14 crore and net profit increased by 19 per cent to Rs 4,545.57 crore in Q4FY25 compared to Q4FY24. In annual results, the net sales increased by 27 per cent to Rs 61,163.55 crore and net profit increased by 16 per cent to Rs 16,779.48 crore in FY25 compared to FY24.
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The trending stock name is BAJAJ FINANCE LTD
Bajaj Finance Ltd., established in 1987, has evolved from a vehicle financing company to become one of India's largest and most diversified Non-Banking Financial Companies (NBFC). Primarily engaged in lending, Bajaj Finance boasts a widespread presence across urban and rural India, catering to retail, SME, and commercial customers through a diversified portfolio. Beyond lending, the company also accepts public and corporate deposits and provides a variety of financial services.
The company has a market cap of over Rs 5.8 lakh crore with a PE of 35x and an ROE of 19 per cent. The stock is up by 46 per cent from its 52-week low of Rs 6,426.05 per share and has given multibagger returns of over 1,900 per cent in 10 years.
Will This Bajaj Group-Multibagger Stock Make an All-Time High Tomorrow? Do let us know your thoughts in the comments below
Disclaimer: The article is for informational purposes only and not investment advice.