Bajaj Finance Shares Surge After Bonus Share and Stock Split Record Date Announcement
Bajaj Finance Ltd., one of India’s leading non-banking financial companies (NBFCs), saw its stock price surge by over 3.6% on Monday following the announcement of the record date for its bonus share issue and stock split. This move, aimed at enhancing liquidity and improving affordability for retail investors, has sparked renewed interest in the stock.
📅 Record Date Set for June 16, 2025
Bajaj Finance has fixed June 16, 2025, as the record date for both the stock split and bonus share issue. These decisions were earlier approved by the board on April 29, in conjunction with the company’s Q4FY25 results.
Here’s what it means for shareholders:
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Stock Split: Each equity share with a face value of ₹2 will be split into two equity shares of ₹1 each.
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Bonus Issue: A 4:1 bonus will be issued—shareholders will receive 4 additional shares for every 1 share held as of the record date.
💼 Q4FY25 Performance Highlights
The stock’s rally is not only due to corporate actions but also supported by Bajaj Finance’s strong Q4 performance:
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Net Profit: ₹4,546 crore, up 19% YoY
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Net Interest Income (NII): ₹9,807 crore, up 22% YoY
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The company credited this growth to robust loan disbursements, higher margins, and stable asset quality.
📈 Market Reaction
Following the news:
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The stock jumped as much as 3.63% to touch ₹9,712 per share.
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It later traded at ₹9,673, still up 3.22%, around 10:30 AM.
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This performance sharply outpaced the NSE Nifty 50, which rose just 0.47%.
The trading volume surged to 2.7 times the 30-day average, signaling strong investor interest. The Relative Strength Index (RSI) stood at 66, indicating healthy market momentum.
📊 1-Year Stock Performance
Over the past 12 months, Bajaj Finance shares have risen by 36.46%, showcasing investor confidence in its consistent performance and strategic decisions.
📝 What It Means for Investors
This is a strategic move by Bajaj Finance to reward existing shareholders and make its stock more accessible to new investors. Stock splits and bonus shares do not change the company’s fundamentals but increase liquidity and often boost retail participation.
Investors holding Bajaj Finance shares as of June 16 will automatically receive the split and bonus shares in their demat accounts.
Conclusion
With a strong financial quarter, exciting corporate actions, and increased market attention, Bajaj Finance continues to position itself as a top choice in India’s financial services sector. As always, investors should evaluate their investment goals and consult with financial advisors before making decisions
Reference from:-https://www.ndtvprofit.com/markets/bajaj-finance-shares-surge-after-bonus-share-and-stock-split-record-date-announcement