Bajaj Finserv has fixed 14 September 2022 as record date for sub-division of each existing equity share of face value of Rs. 5/-(Rupees Five only) into Five (5) equity shares of face value of Rs. 1/-(Rupee one only) fully paid-up; and issue of one bonus equity shares of face value of Rs. 1/- (Rupees one only) for every 1 (one) fully paid-up equity share of Rs. 1/-(Rupees one only) of the Company.

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Shares of Bajaj Finserv surged 12.88% in six trading sessions from its recent closing low of Rs 15,088.95 on 5 August 2022.

In the past one year, the stock has rallied 15.49% while the benchmark Sensex climbed 7.87% during the same period.

On the technical front, the stock's daily RSI (relative strength index) stood at 88.442. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 12,846.71, 13,719.08 and 15227.94, respectively. These levels will act as crucial support zones in near term.

Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. The company's consolidated net profit rose 57% to Rs 1,309 crore on a 14% rise in total income to Rs 15,888 crore in Q1 FY23 over Q1 FY22.

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Bajaj Finserv Ltd is up for a fifth straight session today. The stock is quoting at Rs 15911, up 0.92% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.56% on the day, quoting at 17797.1. The Sensex is at 59766.57, up 0.51%. Bajaj Finserv Ltd has risen around 29.89% in last one month.

Meanwhile, Nifty Energy index of which Bajaj Finserv Ltd is a constituent, has risen around 11.32% in last one month and is currently quoting at 18055.15, up 0.75% on the day. The volume in the stock stood at 1.02 lakh shares today, compared to the daily average of 4.91 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 15947.25, up 0.89% on the day. Bajaj Finserv Ltd is up 7.96% in last one year as compared to a 7.12% spurt in NIFTY and a 4.72% spurt in the Nifty Energy index.

The PE of the stock is 382.4 based on TTM earnings ending June 22.

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Bajaj Finserv Ltd is up for a third straight session in a row. The stock is quoting at Rs 15844, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.79% on the day, quoting at 17673.85. The Sensex is at 59374.24, up 0.95%. Bajaj Finserv Ltd has gained around 33.54% in last one month.

Meanwhile, Nifty Energy index of which Bajaj Finserv Ltd is a constituent, has gained around 10.96% in last one month and is currently quoting at 17699.1, up 1.57% on the day. The volume in the stock stood at 1.55 lakh shares today, compared to the daily average of 4.66 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 15865.2, up 1.22% on the day. Bajaj Finserv Ltd is up 10.48% in last one year as compared to a 8% jump in NIFTY and a 4.31% jump in the Nifty Energy index.

The PE of the stock is 379.32 based on TTM earnings ending June 22.

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