Bajaj Finance Share Price Goes From High To Low. Who Are Its Key Competitors?

Bajaj Finance Share Price Goes From High To Low. Who Are Its Key Competitors?

Bajaj Finance is an India- 

grounded company that deals with retail loans, as well as  planter loans and  casing loans. The company has had some success in recent times, with high prices, but  lately has seen its shares go down to lows they have not seen in times. What is at the root of all this? Consult this blog and find out!   Bajaj Finance Share Price  Bajaj Finance Share Price   

Who's Bajaj Finance? 

Bajaj Finance is one of the largestnon-banking  finance companiesNBFCs) in India. The company offers a range of  fiscal products and services to its  guests, including loans, credit cards, and investment products.   Bajaj Finance has a strong presence in the Indian  request with over 2,000 branches across the country. The company's  crucial challengers include HDFC Bank, Axis Bank, and Kotak Mahindra Bank.   Why is the share price of the company now  shifting?  When it comes to  participating prices, there are a number of factors that can beget them to change. In the case of Bajaj Finance, recent news regarding the company's  fiscal results and its  crucial challengers has caused the share price to change.  Bajaj Finance reported strong  fiscal results for the quarter that ended on March 31, 2019. 

still, in May 2019, the company's stock  request value plunged by Rs 27,882 crore(US$3.9 billion) after it was downgraded by standing agency CARE Conditions. The downgrading of Bajaj Finance's credit standing was attributed to rising  enterprises about the company's asset quality and profitability.   On June 3, 2019, Bajaj Finance  blazoned that it had  entered  blessing from the Reserve Bank of India( RBI) to set up a wholly-  possessed attachment( WoS) in Colombo, Sri Lanka. This move is seen as a positive development for Bajaj Finance as it'll help the company expand its reach in South Asia. still, some judges believe that this could also put pressure on the company's profitability as it'll have to dodge  fresh costs in setting up and running the WoS.  

 Bajaj Finance competes with several large Indian banks andnon-banking  fiscal companies( NBFCs). Some of its  crucial challengers include HDFC Bank, Axis Bank, ICICI Bank, IndusInd Bank, and Kotak Mahindra Bank. These companies have been   What are the crucial Challengers to it?  Bajaj Finance is a  fiscal services company grounded in India. The company offers a range of services including  particular loans, credit cards, home loans, and investment products. 

  The company's share price has come under pressure in recent months as the Reserve Bank of India( RBI) has raised interest rates and  tensed lending conditions. This has led to  enterprises about the company's capability to grow its business and  gains.   Bajaj Finance's main challengers are HDFC Bank, ICICI Bank, and Axis Bank. These banks are all grounded in India and offer  analogous products and services. HDFC Bank is the largest of these banks with a  request capitalization of over$ 50 billion. ICICI Bank is the second largest with a  request capitalization of over$ 40 billion. Axis Bank is the third largest with a  request capitalization of over$ 30 billion.  

What interests Bajaj Finance’s  

nethermost line more investor sentiment or net interest  periphery?  Bajaj Finance's  nethermost line is more interested in net interest  periphery than investor sentiment. This is because the net interest  periphery is a more  dependable  index of profitability for the company. also, Bajaj Finance has a strong competitive position in the  request and is less reliant on investor sentiment for its success.   request Share and Total means and  further.   Bajaj Finance is one of the leading NBFCs in India with a  request share of12.3. The company has also been growing at a  rapid-fire pace, with its  means under  operation( AUM)  adding  by 33 YoY to Rs crore in FY20.  

 Bajaj Finance's  crucial challengers are HDFC Bank, ICICI Bank, and Axis Bank. These three banks together hold a  request share of 47 in the Indian banking assiduity. HDFC Bank is the largest bank in India with an AUM of Rs 9 lakh crore and a  client base of 4 crores. ICICI Bank is the alternate- largest bank in India with an AUM of Rs 8 lakh crore and a  client base of3.5 crores. Axis Bank is the third- largest bank in India with an AUM of Rs 6 lakh crore and a  client base of2.5 crores.

bajaj finance share  

Bajaj Finance's share price has been on a comber coaster lift in the last many months. The stock hit an  each- time high of Rs 3,636 in January 2018 and  also fell to Rs 2,636 in March 2018. It recovered to Rs 3,200 in April 2018 only to fall again to Rs 2,700 in May 2018.   So, what's driving Bajaj Finance's share price? And who are its  crucial challengers?   Bajaj Finance is one of the largestnon-banking  fiscal companies( NBFCs) in India with  means under  operation( AUM) of Rs1.03 lakh crore as of March 31, 2018. 

The company offers a wide range of  fiscal products  similar as loans, credit cards, investment products, and insurance products.   It has a presence in  further than 1,300  metropolises and  municipalities across India and serves  further than 25 million  guests. Bajaj Finance is also one of the many NBFCs that have a AAA credit standing from all major standing agencies.   The company reported strong growth in  gains for the quarter that ended March 31, 2018, with net profit up 68 time- on- time( YoY) to Rs 861 crore while total income grew by 42 YoY to Rs 4,084 crore. Its loan portfolio grew by 39 YoY to Rs 67,816 crore during the same period.   still, despite this strong growth, Baj  

Conclusion  

Bajaj Finance's share price has taken a beating in recent months, but who are its  crucial challengers?  The Bajaj Finance share price has gone from highs of overRs. 4,000 per share in early 2018 to lows of aroundRs. 2,700 per share in just a matter of months. This sharp decline has been driven by  colorful factors, including  enterprises over the company's asset quality and growth prospects. 

 So, who are Bajaj Finance's  crucial challengers?   In the lending space, Bajaj Finance competes with the likes of HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank. In terms of  request capitalization, Bajaj Finance is  presently the fifth- largest bank in India.   In the payments space, Bajaj Finance competes with the likes of Paytm and Mobikwik.

 In terms of  request share, Bajaj Finance  presently holds around 10 of the digital payments  request in India.   Overall, Bajaj Finance faces stiff competition from some of the biggest names in both banking and payments in India. still, it still remains one of the leading players in both sectors.