Bajaj Finserv is to investigate listing its insurance businesses after paying Rs 24,180 crore to acquire Allianz’s 26 percent share in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. There is a regulatory push for the IPO of larger insurance companies, according to Sanjiv Bajaj, chairman and managing director of Bajaj Finserv. After receiving…
Following the release of steady Q2 earnings data, Bajaj Finance shares increased 6.1% to an intraday high of Rs 7,088. Bajaj Finance was also the biggest gainer in the Nifty 50. As of right now, the stock is 10% below its 52-week peak of Rs 7,884.90, which it simultaneously reached on October 23, 2023. The…
The following is an estimate of India’s key formulaNSE’s move to change the method of calculation and declineIn the market last month. Nifty Earnings (PE)Rate is a popular valuation measure based on 12-month earningsIt fell nearly 20% to 33.5 from 41060 in March. The NSE decided to consider consolidated returns to calculate the PE ratiofrom…
