Bajaj Finserv Stock Price Up by More Than 1% Today; Promoter Entities Sell Part of Their Stake
By Ankur Chandra | Published at: Jun 6, 2025 04:36 PM IST
MUMBAI | 6 June 2025: Stock of Bajaj Finserv Ltd (NSE: BAJAJFINSV) is up by more than 1% today. Promoters of the company reportedly sold part of their stake in a block deal today.
As per the company announcement earlier, two promoter group entities – Jamnalal Sons Pvt. Ltd and Bajaj Holdings & Investment Ltd — intend to sell up to 31 million shares via a block deal, amounting to 1.9% of Bajaj Finserv’s total equity capital.
Key Details of the Deal
| Particulars | Details |
|---|---|
| Base Deal Size | ₹4,750 crore |
| Option to Sell More (if demand is high) | ₹1,078 crore |
| Total Possible Deal Size | ₹5,828 crore |
| Floor Price per Share | ₹1,880 |
| Discount to Previous Close | 3.3% (compared to ₹1,943.50 on BSE) |
How Did The Market React?
Following the announcement, Bajaj Finserv’s stock performed as below:
| Metric | Value |
|---|---|
| Last Traded Price | ₹2,008.50 |
| Change | +₹64.50 (3.32%) |
| Day’s High | ₹2,018.70 |
| Day’s Low | ₹1,921.00 |
| 52-Week High | ₹2,135.00 |
| 52-Week Low | ₹1,472.90 |
| Traded Volume | 55.33 lakh shares |
| Traded Value | ₹1,087.69 crore |
| Market Capitalisation | ₹3,20,920.79 crore |
Bajaj Finserv’s Financial Highlights (Q4FY25)
Bajaj Finserv recently declared its financial results for the quarter ended March 2025:
| Particulars (Consolidated) | Q4 FY25 |
|---|---|
| Total Income | ₹35,596 crore |
| Net Profit | ₹2,417 crore |
| Earnings Per Share (EPS) | ₹15.10 |
Bajaj Finserv’s Shareholding Structure (as of March 2025)
| Shareholder Category | Holding (%) |
|---|---|
| Promoters & Promoter Group | 60.64 |
| Public | 39.25 |
| Employee Trusts | 0.10 |
What Does the Block Deal Suggest?
Block deals are a common way for promoters or large investors to reduce their holdings. The promoter stake sale in Bajaj Finserv indicates that the company’s promoters are looking to partially monetise their holdings, possibly to diversify their investments or meet internal capital requirements. Since the sale is conducted via a block deal and not in the open market, it suggests that the promoters have already lined up institutional buyers.
REF: https://www.nseindia.com/get-quotes/equity?symbol=BAJAJFINSV
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