Bajaj Finserv Ltd saw its shares rise by 2.17%, closing at ₹1,760.00 on October 23, 2024, up from the previous close of ₹1,722.60. This surge led to a market capitalization gain of approximately ₹6,105 crore, bringing the company’s total market cap to ₹2,81,012.53 crore.
Q2 FY25 Results Anticipation
The stock’s upward movement comes ahead of Bajaj Finserv’s Q2 FY25 results, which are set to be announced today. Bajaj Finserv is among more than 70 companies expected to report their July-September quarterly earnings on October 23, 2024. Other prominent companies from various sectors set to announce their results today include Hindustan Unilever Ltd (HUL), TVS Motor, AU Small Finance Bank, KPIT Technologies, Dr Lal PathLabs, and Piramal Pharma.
Key Financial Highlights
- Stock Price: Rose 2.17%, from ₹1,722.60 to ₹1,760.00
- Market Cap: Increased by ₹6,105 crore to ₹2,81,012.53 crore
Investors remain optimistic about the upcoming Q2 FY25 results, contributing to the rise in Bajaj Finserv’s share price. The market is anticipating strong performance across multiple sectors, with Bajaj Finserv being a key stock to watch in the financial services space.
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