Bajaj Finserv hits over 5-month high; stock surges 25% so far in CY25

Business Standard
2025.03.25 06:30
portai
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Bajaj Finserv's stock surged 25% in CY25, reaching a five-month high of ₹1,955.50. The company signed agreements to acquire a 26% stake in its insurance ventures from Allianz SE for ₹24,180 crore, increasing its ownership to 100%. Analysts expect strong growth in lending and insurance sectors, with a positive outlook for consolidated earnings. Despite challenges in insurance margins, Bajaj Finserv's strategic focus on technology and disciplined capital allocation positions it for long-term growth.