Bajaj Finance joins Rs 2 lakh crore market-cap club; stock hits fresh record high
Updated : May 21, 2019 01:25 PM IST
Bajaj Finance, the financial service provider is now a member of the elite club of companies with market capitalisation of Rs 2,00,000 lakh crore. Also, the shares of Bajaj Finance hit a fresh record high of Rs 3,488 per share on the National Stock Exchange on Tuesday.
Currently, Bajaj Finance is at the 15th position in terms of market capitalisation of over Rs 2,00,000 lakh crore.
In last one year, the stock has given returns of over 63 percent. In fact, it's stock price has risen more than 30 percent since January 1, 2019. In fact, market participants who invested in the stock 14 months back have received double returns on their investment i.e. 104 percent.