Bajaj Finance, a well-known company under the Bajaj Group, has made its investors rich. Those who invested money in the company’s shares a few years ago and held onto them have received substantial returns from the company. Bajaj Finance’s shares have given a return of over 100000% in the past 14 years.
In these 14 years, the share price of Bajaj Finance has increased from Rs. 5 to more than Rs. 5500. The 52-week high price of the company’s shares is Rs. 7777. This gives an idea of how much the company has grown.
Bajaj Finance turns Rs 1 lakh investment into Rs 11 crore
On March 13, 2009, shares of Bajaj Finance traded at Rs 5.03 on the BSE stock market. On April 3, 2023, the share price closed at Rs 5,713 on the BSE. If an investor had invested approximately Rs 1 lakh in Bajaj Finance shares on March 13, 2009,
and held onto their investment, their money would have grown to Rs 11.35 crore in the current time. The company’s shares have given a multibagger return of almost 113478% in the past 14 years. Bajaj Finance currently has a market cap of approximately Rs 3,45,883 crore.
In 5 years, gave a whopping 195% return
Bajaj Finance’s shares have given their investors a multi-bagger return of 195% in the last 5 years. Its shares were at the level of ₹1933 on April 6, 2018. Bajaj Finance’s shares closed at ₹5713 on BSE on April 3, 2023. Meanwhile, its 52-week low price is ₹5235.
Disclaimer: Only information about the performance of Bajaj Finance hras been provided here. No investment advice has been given in this post. Investing in the stock market is subject to risk, so be sure to consult your advisor before investing.