Why did Bajaj twin shares skyrocket 10-11% in a single day? | Mint - Mint
7/28/2022 12:00:00 AM2 years 9 months ago
by Pooja Sitaram Jaiswar
by Pooja Sitaram Jaiswar
The two NBFC giants witnessed robust buying after registering a healthy June 2022 quarter. In Q1FY23, where Bajaj Finserv posted double-digit growth in net profit, subsidiary Bajaj Finance garnered a whopping 159% growth in the bottom line.
Bajaj Finance and parent Bajaj Finserv were major contributors to the market's strong rally. Bullish stance led benchmark Sensex to over 56,850 and Nifty 50 to near 19,950 level. The two NBFC giants … [+4112 chars]
full article...