Nifty50 best performing stock with 32% returns in 4 months to add to your watchlist

Bajaj Finance’s Market Capitalization has reached over Rs. 5.67 Lakh Crore following its stellar outperformance in recent market turmoil, giving returns of over 35 percent in just 4 months.

Since September of 2021, it stayed sideways only to give a breakout in January of this Year. The range in which Bajaj Finance was trading for the last 4 years was of 2000 points.

Nifty 50 V/s Bajaj Finance Performance

Over the past 1 year, the Nifty 50 has given a return of 7 percent, even after the recent fall amid global market turmoil. On a year-to-date (YTD) basis, its return stands at around 2 percent, and the 5-Year return of 164 percent.

Bajaj Finance gave a return of 25 percent on a 1-year basis amid the downfall in the markets. On a year-to-date (YTD) basis, it has given outperforming returns of 31 percent, and on a 5-year basis, the stock has given a staggering return of 361 percent.    

Financial Highlights

The company reported a 27.32 percent YoY increase in revenue from Rs. 14,164 Crore in Q3FY24 to Rs. 18,035 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 5.52 percent in revenue from Rs. 17,091 Crore in the previous quarter.

Their Net profit saw an increase of 18.38 percent YoY from Rs. 3,639 Crore to Rs. 4,308 Crore for the same period. On a QoQ basis, the company reported an increase of 7.32 percent in Net profit from Rs. 4,014 Crore in the previous quarter.

Also read: 3 Stocks with strong net profit growth trading at up to 33% discount to keep on your radar

Additionally, Bajaj Finance’s strong growth can also be attributed to its new BAF 3.0 plan and a partnership with Bharti Airtel. With BAF 3.0, the company wants to use technology and AI to reach up to 210 million customers by 2029.

The deal with Airtel will help them to offer their services to 370 million Airtel users through the Airtel Thanks App and stores. This collaboration will help Bajaj Finance grow faster and reach more people across India. 

About the Company

Headquartered in Pune and a part of the Bajaj Finserv group, Bajaj Finance is one of India’s most prominent Non-banking financial companies (NBFC) of India, which is known for its broad portfolio and robust digital Infrastructure.

Its Key offerings include Consumer lending, Personal & Business loans, Loan against property, home & gold loans, Fixed deposits, Credit Cards, and other services.

Written By Abhishek Das

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