Do you wish to know the share price target/prediction of Bajaj Finserv Ltd for the coming years 2022, 2023, 2024, 2025, and 2030? so you are at the best palace for this share because regard this share after doing a lot of research we have given you the best essential aspects so that after reading this post you must know overall about it.
Bajaj Finserv Ltd is one of the most popular or well-settled Indian companies that deals in the sector of financial services. Bajaj Finserv Ltd is an Indian company in the sector of financial Companies which does not have any joint venture with an international company and originates in India itself. It is headquartered in Pune, India, and employs thousands of people.
Bajaj Finserv Ltd Quarterly Report Analysis
As the company’s quarterly report is given above June quarter of the financial year 2021, the company make operating revenue of Rs.22.89 Cr. in which they made a profit of about Rs.0.37 Cr. after paying taxes. In the September quarter of the financial year 2021, Company make operating revenue of Rs.349.08 Cr. by which they made a profit of around Rs.238.49 Cr. after paying all the essential taxes as govt. norms.
In the December quarter of 2021, the company make operating revenue of Rs.222.03 Cr. by which they made a profit of about Rs.167.50 Cr. after paying all the taxes. In the March quarter of 2022, Company made operating revenue of Rs.29.83 Cr. through which they made a profit of about Rs.16.87 Cr. after paying all the taxes. In the June quarter of the financial year 2022, Company make operating revenue of Rs.341.24 Cr. by which they made a profit of about Rs.233.05 Cr. after paying all the taxes according to government norms present in that sector.
Bajaj Finserv Ltd Annual Report Analysis
The company makes operating revenue of Rs.153.90 Cr.in 2017 till the month of March by which the company makes a profit of about Rs.70.02 Cr. In the following year which is 2018, till the month of march the company makes operating revenue of Rs.241.90 Cr. by which the company makes a profit of about Rs.141.62 Cr. after paying all the taxes according to govt. norms.
In the year 2019, till the Month of March Company make operating revenue of Rs.423.05 Cr. by which the company made a profit of about Rs.307.17 Cr. In the following year 2020 till the month of March Company make operating revenue of Rs.779.86 Cr. by which the company made a profit of about Rs.666.86 Cr. In the year 2021, till the month of March Company make operating revenue of Rs.323.73 Cr. which makes a profit of around Rs.178.78 Cr. in the next year 2022, the company has made an operating income of around Rs.623.83 Cr. whether the profit after tax was Rs.424.23 Cr.
Bajaj Finserv Ltd Balance Sheet Analysis
In the year 2017 Company invested around Rs.2,489.71 Cr. as well as the Current Assets of this Company are about Rs.220.31 Cr. with total assets of the company available at that time is around Rs.2,814.13 Cr. In the following year, 2018 Company invested around Rs.2,735.26 Cr. And the Current Assets of this Company are about Rs.85.15 Cr. And total assets of the company available at that time in 2018 is around Rs.2,918.37 Cr. In the year 2019 Company invested around Rs.2,933.81 Cr. along with the Current Assets of this Company is about Rs.116.58 Cr. as well as total assets of the company available at that time are around Rs.3,184.97 Cr.
In 2020 Company invested around Rs.3,200.72 Cr. And Current Assets of this Company in the year 2020 are about Rs.210.75 Cr. And total assets of the company available at that time in 2020 are around Rs.3,592.22 Cr. In the financial year, 2021 Company invested around Rs.3,079.51 Cr. And Current Assets of this Company are about Rs.583.88 Cr. And total assets of the company available at that time is around Rs.3,868.53 Cr. and in the coming year March 2022, it invested approx Rs.4,080 Cr. in which the total assets were Rs.4,438.42 Cr.
Here we are trying to predict a possible target that Bajaj Finserv Ltd share. It can cross in the upcoming years. This prediction is based on Fibonacci Retracement, support, and resistance. So, here we go with our possible targets for the upcoming years which are given below.
| Year | Target Of Bajaj Finserv Ltd |
|---|---|
| 2022(Target-1) | Rs.20,187 |
| (Target-2) | Rs.24,420 |
| 2023(Target-1) | Rs.32,870 |
| (Target-2) | Rs.36,468 |
| 2024(Target-1) | Rs.41,591 |
| (Target-2) | Rs.47,042 |
| 2025(Target-1) | Rs.50,857 |
| (Target-2) | Rs.55,654 |
| 2030(Target-1) | Rs.1,20,228 |
| (Target-2) | Rs.1,25,292 |
We will predict two possible share price targets which the share of Bajaj Finserv Ltd. can attain in the year 2022 first is around Rs.20,187 and after attaining these values share price will go down for while and we will predict the second possible target which they can get in the year 2022 is around Rs.24,420 We predict all these target levels on the basis of a Fibonacci retracement, support, and resistance.
As the technical analysis chart predicts the shares of Bajaj Finserv Ltd. will go in a positive direction for upcoming years to come because of their strong financial condition, and banking services so we predict the first possible target which shares of Bajaj Finserv will cross in the year 2023 is Rs.32,870 and second possible target which the share of these company will find is around Rs.36,468.
We can predict first share price target for the year 2024 is around Rs.41,591 then with every share price the shares of Bajaj Finserv after attaining their high will show some downtrend after they will again show positive movement in the same year and go uptrend and we can predict second possible target which they can beat is about Rs.47,042 and it will happen because of their increasing number of customers day by day.
For the year 2025, we can predict two possible targets which the shares of Bajaj Finserv will beat easily first is around Rs.50,857 and the second is about Rs.55,654 as I told earlier that Bajaj Finserv Ltd. share prices will always be in a positive trend in the future and share prices of this company share are increasing day by day in upcoming years to come.
Towards the end of this decade, Bajaj Finserv Ltd surely will be one of the trusted Insurance companies in the private sector and will emerge as a good option for customers. We can predict the first possible target for the year 2030 which they can cross is around Rs.1,20,228 and the second possible target which they cross at the end of this decade is around Rs.1,25,292.
Conclusion
In this article, we have done an analysis of Bajaj Finserv Ltd, where we have tried to include every aspect like company growth, business model, and cash management, this article is really essential to know before investing in any specific company.
Before ending this article, I am going to tell some strengths that will become the key factors for Bajaj Finserv to emerge as the best option for you.
- Global exposure in the insurance sector.
- Diverse business model.
- Comprehensive cash management system.
- Keep up to date themselves.
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I am a skillful trainer of the share market for the last 7 years. I have better knowledge of technical analysis, fundamental analysis, chart understanding, writing about share market, investing as well as trading which I wanted to spread all over the people.