WHY BAJAJ FINSERV
SHARE PRICE RISING ?
POSTED BY: Ranjeet Kumar
PUBLISHED: Sep, 13 2022
The current market price of Bajaj finserv is 7403.5 INR and it is rising rapidly. In coming 5 days share prise has been rise more than of 17 %.
WHY BABAJ FINSERV SHARE PRICE IS RISING?
• Company has announced good returns
• Stock Split of 1:5 announced.
Shares of Bajaj Finserv were trading at Rs 1,809 at 10:05 a.m. on the BSE, up 5.45 percent from the previous close.
Five equity shares, each with a face value of Rs. 1, will be created from each Bajaj Finserv equity share with a face value of Rs. 5. The stock split's ratio is 5:1.
The amount of Bajaj Finserv shares in an eligible shareholder's portfolio will increase after the stock split since they will receive an additional five shares on top of their current holdings.
Bajaj Finserv has 55.86 % Promoters holding.
Foreigner Institution holding of 19.98 % and 14.35 % holding of retail investors.
Top MUTUAL FUND HOSE INVESTMENT.
• Axis long term equity direct plan - 9.83 %
• Axis focus 25 direct - 9.71%
• Axis bluechip fund- 9.35 %