Bajaj Finserv Q3 PAT increases 14.6% yoy at Rs1290cr on fair value gains
Wed, Jan 20, 2021 7:40 PM

Bajaj Finserv Q3 PAT increases 14.6% yoy at Rs1290cr on fair value gains

A Flip by Flipitnews
Get it on Google Play
Bajaj Finserv reported 9.61% growth YoY in Dec-20 quarter consolidated revenues at Rs 15,960.72 crore. The company reported growth across its key verticals of insurance and fee-based business but its lending business saw YoY fall in revenues due to the lockdown. Consolidated Profit after tax (PAT) for the Dec-20 quarter was up 14.6% at Rs 1289.96 crore.

More great flips

Down 58% from Highs, Is Southwest Airlines Stock (NYSE:LUV) Stock a Buy?

Down 58% from Highs, Is Southwest Airlines Stock (NYSE:LUV) Stock a Buy?

Airline stocks, including Southwest Airlines (NYSE:LUV), have trailed the broader markets since the onset of the COVID-19 pandemic. Today, Southwest Airlines stock trades 58% below all-time highs, valuing the company at a market cap of $16 billion. However, I don’t believe Southwest Airlines stock is a good buy at its current valuation.

Open Flip
Bonus Alert: Aurionpro Solutions set to reward shareholders on May 14

Bonus Alert: Aurionpro Solutions set to reward shareholders on May 14

Shares of Aurionpro Solutions gained in early deals on Tuesday ahead of the IT company's board meeting on May 14 to consider, evaluate and approve issuance of bonus shares to the equity shareholders of the company. Aurionpro Solutions stock climbed 1.15% to ₹2,495 apiece on the NSE today. Market cap of the firm rose to ₹6,888 crore on BSE. The stock has rallied 350% in one year.

Open Flip
Gold Prices Pause as Market Braces for US Inflation Data

Gold Prices Pause as Market Braces for US Inflation Data

Tuesday's gold prices were unchanged as investors watched important U.S. inflation data that may provide further hints about the Fed's likely course of action. Spot gold was unchanged at $2,335.93 an ounce. The price of gold dropped 1% on Monday. Gold futures dropped to $2,341.60, down 0.1%. This week, the U.S. PPI data on Tuesday and CPI data on Wednesday will be the main focus of the markets.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon