Overview
- Bajaj Finance’s board approved a 1:2 stock split and a 4:1 bonus issue on April 29, naming June 16 as the record date for both actions.
- Under the corporate action, each Rs 2 share will be divided into two Rs 1 shares and investors will receive four bonus shares for each share held.
- In Q4 FY25, consolidated net profit rose 19% year-on-year to Rs 4,545.6 crore while assets under management grew 26% to Rs 4.17 lakh crore.
- The share price climbed 3.61% on the record date announcement and has gained 36.46% over the past 12 months.
- Analysts remain upbeat, with 22 of 39 maintaining buy ratings; Axis Securities projects 25–26% medium-term CAGR in AUM, NII and earnings, and BNP Paribas raised its target to Rs 11,120 while retaining a neutral stance.