BAJAJFINSV

BLOCK DEAL WORTH OF RS. 5828 Cr.

Company Overview: Bajaj Finserv Ltd. is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions. Bajaj Finserv Limited, under Bajaj Holdings and Investment Ltd, provides general and life insurance, lending solutions, and financial services to customers. Platforms 1 Bajaj Finserv Direct Limited - Digital Marketplace & Technology Services 2 Bajaj Finserv Health Limited - Health-tech Platform 3 Bajaj Financial Securities Limited - Digital Stockbroker Market Cap: Rs. 314450 Crore Segment: Financial Service CMP: 1968 PE: 35.44 Peer PE: 23.38 ROE: In last 5 years 14% Stock price CAGR: In last 5 years 30% Compounded Profit growth: In last 5 years 21% Compounded Sales Growth: In last 5 years 20% Details of Block Deal: Promoters Bajaj Holdings and Jamnalal Sons plan to sell up to 1.94% stake in Bajaj Finserv through a block deal worth Rs 5,828 crore at a floor price of Rs 1,880 per share, 3.3% lower than CMP. The total deal size is expected to be around Rs 5,828 crore, which includes a base deal size of Rs 4,750 crore and an upsize option of Rs 1,078 crore. Q4 result Effects on share: In its latest Q4 FY25 earnings, Bajaj Finserv reported a 14 per cent year-on-year (YoY) increase in consolidated net profit to Rs 2,417 crore, compared to Rs 2,119 crore in the same period last ***** company’s total consolidated income also rose to Rs 35,596 crore, up from Rs 32,042 crore in Q4 FY24. Support & Resistance: Company has very strong support at 1900 and Strong resistance at 2100. At 2000 there is also a resistance as 1442500 shares has been write and at this level profit booking will be done and if it breakout then it will go further for 2100.