Bajaj Finance shares rose 4.64 per cent to Rs 7,724.90 on BSE. With this, the stock has gained 16 per cent in the last one year. The NBFC said its assets under management (AUM) grew 35 per cent to Rs 3,11,000 crore as on December 31, 2023.
Bajaj Finance stock has risen around 12 percent in the past year, underperforming the benchmark Nifty 50 that has gained around 18 percent during the period
Bajaj Finance had at its November 1 meeting approved the issue of 15,50,000 warrants to the promoter, at an issue price of Rs 7,670 per warrant, for an amount aggregating to Rs 1,188.85 crore