10000 invested in Bajaj finance in 2010. What would be present value? About Bajaj finance
Bajaj finance
Bajaj auto finance changed its name to Bajaj finance in 2010. Company diversified it’s financing from just ‘auto financing ‘ to all type of financing. Bajaj finance is the No.1 NBFC (Non-banking financial company) more than 50 million customers base in India. Bajaj finance is subsidiary company of Bajaj Finserv.
Bajaj finance subsidiary
01 Bajaj housing finance
02 Bajaj financial security limited
Product portfolio of Bajaj finance
01 loans
02 Insurance
03 Finance for professional
04 Investments
05 Pocket subscription
06 Bajaj mall
07 Bajaj services
08 Bajaj Wallets
09 Bills and recharge
Bajaj finance expand aggressively in India. In 2023 Bajaj finance 2047 outlets in India.
Some important matrics about Bajaj finance It is large cap company
01 Market cap – Rs 4,74,517 crores
02 CMP (current market price) – Rs 7890
03 Dividend yield – 0.38%
04 ROCE – 12.32 %
Shareholding pattern of Bajaj finance
01 Promoter – 55.87%
02 Mutual fund – 9.10%
03 FII – 20.41%
04 DII – 04.02%
05 Retails and other – 10.6%
10000 invested in Bajaj finance
In 2010 Bajaj finance one share value is Rs 40 (approx). If someone invested Rs 10k into Bajaj finance stock he got 250 shares. Let’s find out the present value of Rs 250 shares
Bajaj finance bonus and stock split history
Bajaj finance gave one time bonus and one time stock split since 2010.
01 Bonus 2016 (1:1) – 500 shares
02 Stock split 2016 (Face value 10 to 2) – 2500 shares.
Means Bajaj finance convert 250 share to 2500 shares.
Today value of one shares of Bajaj finance is Rs 7890 25000 shares today value Rs 19,725,000.
Means Bajaj finance convert Rs 10k into Rs2 crores (approx)
Time period – 12 years
CAGR of Bajaj finance – 88.18%
Note – Compounding is the 8th wonder of this world. Small investment in good companies can create super wealth in long term.
Bajaj finance Interests free EMI (equated monthly installments)
finance – (More than 50 categories) ranging from consumer durable, lifestyle product to groceries. Insurance – Corporate third party agent of reputed insurance companies Investment – Financial planning