Bajaj Housing Finance’s Stock Surges After Impressive Q4 Results
On Thursday morning, shares of Bajaj Housing Finance experienced a notable jump of nearly 4% following the release of its Q4 financial results. This increase occurred despite a generally weak market environment, with major indices struggling to maintain positive momentum. Investors were clearly encouraged by the company’s performance, showcasing resilience amidst broader market challenges.
Strong Financial Performance in Q4
For the quarter spanning January to March 2025, Bajaj Housing Finance reported a remarkable 24.4% rise in net interest income (NII), reaching ₹2,373.73 crore. This is a significant improvement compared to the ₹1,907.64 crore recorded during the same quarter of the previous fiscal year.
- Overall expenses for the same period also climbed by 18.5%, totaling ₹1,788.27 crore, up from ₹1,508.28 crore a year earlier.
- The company’s net earnings surged by an impressive 53%, jumping to ₹586.68 crore from ₹381.34 crore in the corresponding period last year.
Market Reaction to Bajaj Housing Finance
Bajaj Housing Finance shares opened at ₹135 on the BSE and quickly gained traction, rising 2.4% from the previous close of ₹131.85. As trading progressed, the stock reached an intraday peak of ₹137, marking a total increase of nearly 4%. This positive movement occurred even as the Sensex dipped around 0.3%.
- The stock has rebounded impressively, soaring over 30% from its lows earlier this year in January 2025.
- Comparatively, the share price faced a significant drop from its 52-week high of ₹188.45 in September 2024 to a low of ₹103 in January 2025.
With the release of these robust Q4 results, market sentiment surrounding Bajaj Housing Finance has clearly strengthened, demonstrating the company’s potential for recovery and growth in a challenging economic landscape. As investors digest this information, it will be interesting to see how the stock performs in the coming days.
For more insights on the stock market trends, feel free to explore our other articles on financial investments.
