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15-Apr2019

Bajaj Finserv inches up on launching unique proposition to pay electricity bill on EMIs

Bajaj Finserv is currently trading at Rs. 7545.15, up by 26.00 points or 0.35% from its previous closing of Rs. 7519.15 on the BSE.

The scrip opened at Rs. 7535.00 and has touched a high and low of Rs. 7567.00 and Rs. 7535.00 respectively. So far 3803 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 7580.00 on 11-Apr-2019 and a 52 week low of Rs. 4960.00 on 24-Oct-2018.

Last one week high and low of the scrip stood at Rs. 7580.00 and Rs. 7277.95 respectively. The current market cap of the company is Rs. 119952.03 crore.

The promoters holding in the company stood at 58.37%, while Institutions and Non-Institutions held 14.80% and 26.84% respectively.

Bajaj Finserv through its lending arm Bajaj Finance has launched a unique proposition through its campaign 'BijliOnEMI' wherein customers buying air-conditioners on EMI can avail an Insta Credit loan in their Bajaj Finserv Wallet which they can use to pay their electricity bills on EMI.

The campaign is aimed to help their customers finance the high electricity bills that may arise due to extensive usage of conditioners during summer.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.


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