Bajaj Finance Ltd

CMP: 617


Bajaj Finance Limited is a financial services company that operates branches in India, which provide an assortment of financial services.

Bajaj Finance is an excellent mid-cap pick in finance space. Revenues have been consistently on the rise growing over 50% a year. NPM was little inconsistent in the past, but has now steadied and been on the rise in the last 2 years peaking now at 20%. Its currently priced at a P/E of little over 11 which is also attractive. Dividend yield is decent at 1% in the last 12 months. Its one of the cherry picked mid-cap performing stock of FY10. Buy, Accumulate on dips of 10% and hold for long term gains.

[Bajaj Finance Ltd.] Q2 net profit jumps by 87%. Good results yet again. Good for long term investors.

Cheers!

[Bajaj Finserv Ltd.] Q3 net profit jumps 30% ... jumps up on strong results yet again ...

The chart itself is speaking about the success of the company. Moreover the people those who are in the field of long term investments, will like to invest in this company, as it is showing a trust to the people not to let their investments down.

Is it safe to invest in Bajaj Finance now?

Originally Posted by khenatram

Is it safe to invest in Bajaj Finance now?

Yes, Bajaj Finance is still fundamentally strong and looks good from a long term perspective ...

Hi,
Mani,
Which scrip you prefer to buy at the current situation..Bajaj Finance or Larsen toubro.( L& T)

Originally Posted by mohan55

Hi,
Mani,
Which scrip you prefer to buy at the current situation..Bajaj Finance or Larsen toubro.( L& T)

I would prefer Bajaj Finance over L&T ...

Thank you for your quick reply...One doubt is L& T is going for dividend and bonus shares as well. Do you still say its a second option for Buy??