7 Key Insights About Bajaj Housing Finance Share Price
1. Current Share Price
Bajaj Housing Finance Ltd. shares are currently trading at 150.60 as of October 4, 2024.
2. Market Capitalization
The market capitalization of Bajaj Housing Finance Ltd. stands at 125,421 crore.
3. Price-to-Earnings Ratio
The price-to-earnings ratio (P/E) for Bajaj Housing Finance Ltd. is 132.42, indicating high expectations from the company's earnings growth.
4. Return on Equity (ROE)
The Return on Equity (ROE) for Bajaj Housing Finance Ltd. is 15.2%, reflecting the company's strong financial performance.
5. Interest Expenses
Bajaj Housing Finance Ltd. has spent 61.6% of its operating revenues towards interest expenses in the year ending March 31, 2024.
6. Potential Downside
HSBC has initiated coverage on Bajaj Housing Finance Ltd. with a 'reduce' rating, suggesting a potential downside of 27% from the current share price.
7. Asset Under Management (AUM) Growth
Bajaj Housing Finance's AUM has crossed 1 lakh crore, registering a growth of 26% from the previous year, as of the September quarter.