Overview

• On June 16, Bajaj Finance shares began trading ex-split and ex-bonus, adjusting approximately 90% lower to around Rs 940
• The 1:2 stock split halved the face value from Rs 2 to Rs 1 and the 4:1 bonus issue granted four additional shares per existing share
• Shareholders needed to hold positions by the June 13 record date to qualify for both the split and bonus allotments
• Bajaj Finance’s assets under management grew 26% year-on-year to Rs 4.17 lakh crore as of March 31, 2025, driven by strong net interest income growth
• Analysts project long-term upside with price targets of Rs 1,400 to Rs 1,500 and forecast margin gains from RBI rate cuts