Bajaj Finance down over 24% from its 52-week high; is now a good time to buy?

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Bajaj Finance reported a 40% jump in its consolidated net profit to ₹2,973 crore in Q3 FY23, driven by a fall in provisions and an increase in net interest income. On the asset quality front, the gross NPA fell to 1.14% in Q3FY23 from 1.73% in Q3FY22.

Bajaj Finance logs highest-ever quarterly net profit at ₹2,973 crore

The Pune-based non-banking lender said its core net interest income rose 28 per cent to ₹7,435 crore on-year during the reporting quarter, aided by a higher 28 per cent jump in the key profitability metric net interest income.

Bajaj Finance, Bajaj Finserv stock check: 5 analysts tell us what fundamental and technicals indicate for these two

Bajaj Finance's AUM grew 27 percent YoY and 6 percent QoQ in Q3FY23 versus 31 percent YoY and 7 percent QoQ in Q2FY23.

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Bajaj Finance slumps over 7%; Here's what happened

<ul><li>According to brokerage Macquarie, Bajaj Finance's AUM growth has been below expectations, and its QoQ growth is the lowest seen over the last 10 years.</li></ul>

Bajaj Finance increases fixed deposit interest rates by up to 25 basis points

<ul><li>In accordance with the RBI's policy, a number of financial institutions recently altered their FD rates on a few specific maturity periods.</li></ul>

Bajaj Finance posts highest-ever 88% jump in profit

Bajaj said gross non-performing asset (NPA) and net NPA as of 30 September 2022 stood at 1.17 per cent and 0.44 per cent, respectively, against 2.45 per cent and 1.10 per cent as of 30 September 2021.

Bajaj Finance: How credit cards can change the game for India's largest NBFC, Jefferies answers

credit card

Bajaj Finance: According to brokerage house Jefferies, the NBFC has a huge potential to capitalize on the credit card opportunity. This would enable BAF to take the product to deeper markets as against the Top-100 towns where it sells cards of RBL Bank/ DBS Bank, noted the brokerage.

Bajaj Finance rises 15% in last week of July; Here's what's next for the financial major

<ul><li>Bajaj Finance’s (BAF) Q1FY23 earnings surprised positively with strong all-round operating performance. On the back of continued strong client additions (+2.7 million), AUM growth (+28% year-on-year) was balanced across segments except auto business-to-business (B2B) and securities lending.</li></ul>

Bajaj Finance shares surge 11% after Q1; 3 brokerages retain faith in stock

<ul><li>As of June 30, 2022, Bajaj Finance's asset under management increased by 28% to ₹204,018 crore compared to ₹159,057 crore as of June 30, 2021. Core AUM growth was at ₹11,931 crore during Q1FY23.</li></ul>

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Bajaj Finance down over 24% from its 52-week high; is now a good time to buy?

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