Bajaj Finserv shares plunge over 5% today as insurance premium performance weighs on sentiment
By Aditya Bhagchandani Published on April 30, 2025, 09:27 IST
Shares of Bajaj Finserv Ltd dropped sharply by 5.26% to Rs 1,958.10 in early trade on Tuesday after weak insurance premium figures dampened investor sentiment, despite strong Q4 results from its lending arm, Bajaj Finance. The stock had closed at Rs 2,066.90 in the previous session, with a total market capitalization now standing at Rs 3.12 lakh crore.
The key pressure point for the stock appears to be a significant decline in its insurance business performance. According to recent disclosures, the company reported a 9.65% fall in total premium and a 12.80% year-on-year drop in gross written premium for Q4 FY25, raising concerns about growth in its insurance vertical.
This comes even as its lending arm, Bajaj Finance, posted a 17% rise in consolidated net profit to Rs 4,480 crore and a 17% jump in revenue to Rs 18,457 crore. The NBFC also declared a special dividend of Rs 12 per share and a final dividend of Rs 44 per share, with record dates on May 9 and May 30, respectively.
As of 9:20 AM, the stock was trading near the lower end of its day's range of Rs 1,935.90 to Rs 2,020.00, indicating selling pressure. The P/E ratio stood at 36.72 with an average volume of 2.02 million shares.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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