Bajaj Finserv shares rise 2.31% in favourable market session
Updated
Updated · MarketWatch · May 6
Bajaj Finserv shares rise 2.31% in favourable market session
14 articles · Updated · MarketWatch · May 6
The stock closed at 1,836.25 rupees on Wednesday as the BSE Sensex gained 1.22% to 77,958.52.
Bajaj Finserv ended 16.33% below its 52-week high of 2,194.65 rupees reached on 23 October.
Its performance was mixed against peers: Religare Enterprises rose 0.62%, L&T Finance 3.39% and Muthoot Finance 2.53%, while trading volume of 66,053 stayed below the 50-day average.
Why is Bajaj Finserv's stock lagging despite record profits and a massive push into artificial intelligence?
With RBI tightening rules for large financial firms, can Bajaj Finserv maintain its rapid growth trajectory?