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Bajaj Finance Rises Over 4 pct On Strong Q3 Results

By Religare
|

Shares of Bajaj Finance rose over 4 per cent on Bombay Stock Exchange (BSE) after the company reported a stellar set of numbers for the third quarter ended December 31, 2015 (Q3FY16). The S&P BSE Sensex was down 0.24 per cent during the period. Bajaj Finance posted a 58 per cent year on year (YoY) growth in net profit at Rs 408 crore as against Rs 258 crore posted in same quarter last financial year.

Bajaj Finance Rises Over 4 pct On Strong Q3 Results
Bajaj Finance: Quotes, News
BSE 3466.15BSE Quote88.2 (2.54%)
NSE 3467.90NSE Quote90.15 (2.60%)
Following the development, shares of the company gained 4.20 per cent to Rs 6610 a piece on BSE.
 

Shares of the company surged 4.15 per cent to Rs 6607.05 a piece on National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 24,558.55, up 220.12 points, or 0.90 per cent at 11.25 hours.

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