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Bajaj Finance confident of absorbing second Covid wave impact


Bajaj Finance confident of absorbing second Covid wave impact
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Mumbai: The largest non-bank lender Bajaj Finance (BFL) on Tuesday said that it can mitigate any disruption caused by the second wave of covid infections in the first quarter. The management clarified that despite the disruptions, the company remains open for business across geographies in line with local administration advisories.
“As a high-frequency indicator, in the last 7-10 days, the company has continued to originate 50-55% of daily volumes in B2B business, 80-85% in B2C and SME businesses and 40-50% in mortgages. We are confident that second covid will not have any major impact., said Rajeev Jain, managing director at Bajaj Finance in an earnings call with analysts. ....

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Bajaj Finance share trading higher ahead of Q3 earnings, here's what to expect


Bajaj Finance share trading higher ahead of Q3 earnings, here s what to expect
Bajaj Finance share was trading 1.09% or Rs 54.15 higher at Rs 5,015 against previous close of Rs 4,959.15 on BSE
BusinessToday.In | January 20, 2021 | Updated 13:26 IST
Bajaj Finance share trades higher than 5 day, 50 day, 100 day and 200 day moving averages but lower than 20 day moving averages.
Bajaj Finance share was trading marginally higher in afternoon trade today ahead of the firm s Q3 earnings set to be announced today. The large cap stock has risen 5.52% in the last 2 days. Bajaj Finance share trades higher than 5 day, 50 day, 100 day and 200 day moving averages but lower than 20 day moving averages. ....

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Bajaj Finance: Stress in consumer pockets real, stock worth may be tested


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