Why Bajaj Finance Share Price is Rising

India's financial sector is growing rapidly. With existing firms expanding and new players entering the market, making the sector diverse and dynamic.

Bajaj Finance is a prominent company in this space. The company's stock price has surged recently.

Today, the stock has gained 4%.

Let's explore what's fuelling the rally.

# Stock Split & Bonus

Shares of Bajaj Finance rallied after the company announced a 1:2 stock split and 4:1 bonus issue.

The record date to determine shareholder eligibility for both the stock split and bonus issue, is 16 June 2025.

Bajaj Finance's board has also recommended a final dividend of Rs 44 per share for the financial year 2024-25. The record date for the same was 30 May 2025.

What Next?

Bajaj Finance aims to grow its customer base from 97.1 million (m) to 190-210 m by FY29, with a cross-sell customer target of 115-125m. It plans to expand to 5,500 locations, leveraging AI and digital lending.

The company is implementing 29AI based solutions to boost efficiency, targeting annual savings of Rs 1.5 billion (bn) by FY26. It's also entering into green finance aiming for Rs 20 bn in financing for solar and EV products by FY26.

The management is targeting return on equity of 20-22% and return on assets of 4.6-4.8% by FY29, with assets under management per customer expected to rise to Rs 85,000.

India is poised to be a huge digital market driven by rapid mobile and internet growth. Financial services like credit, insurance and investment are increasingly reaching the rural areas. But there's a significant room for growth.

Bajaj Finance being a part of financial sector will also benefit from this trend.

How Bajaj Finance Share Price has Performed Recently

In the past five days, Bajaj Finance's share price is up 5.2%, extending its monthly rally to 11.2%.

Over the past year, the share price has gained 35.8%.

The stock touched its 52-week high of Rs 9,785.9 on 9 June 2025 and a 52-week low of Rs 6,426.05 on 16 August 2024.

About Bajaj Finance

Bajaj Finance, a subsidiary of Bajaj Finserv, is one of the largest non-banking finance companies (NBFC) in India. It is engaged in lending to retail, SME, and commercial customers.

Bajaj Finance's products include consumer lending, mortgages, personal loans, SME lending, gold loans, auto financing, rural lending, commercial lending, and microfinancing. The company also accepts deposits from public and corporate clients.

It is one of the largest companies in the consumer lending space, especially electronics. The company has a presence in over 4,100 locations with over 134,000 distribution points of sale.

It has one of the largest customer bases of over 83 m and manages assets of over Rs 3,306 bn.

The company's subsidiaries Bajaj Housing Finance and Bajaj Financial Securities are established players in in housing finance and stock broking space.

For more details, see the Bajaj Finance company fact sheet and quarterly results.

For a sector overview, read our finance sector report

Hers are some peer group comparisons of Bajaj Finance:

Bajaj Finance vs HDFC

Bajaj Finance vs L&T Finance

Bajaj Finance vs Aditya Birla Capital

To know what's moving the Indian stock, markets today, check out the most recent share market updates here.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...