This finance company’s shares have given 50% CAGR in 10 years. Do you own?
Bajaj Finance Ltd is a large cap non-banking financial company (NBFC) with a market capitalization of ₹343,127 Crore. On the NSE, Bajaj Finance shares reached a 52-week high of ₹8,050.00 on 18th October 2021 and a 52-week low of ₹5,488.00 on 16th May 2022, showing that the stock is now trading 29 per cent below its 52-week high and 3.09 per cent above its 52-week low. Bajaj Finance is now trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, yet despite this, the stock has delivered a 52.43 per cent CAGR over the previous ten years and a 32.71 per cent CAGR over the last five years, according to the data of Value Research.