India's Bajaj Finserv jumps on block deals at premium

Bajaj Finserv

17/03/2025 07:49

** Shares of non-banking financial firm Bajaj Finserv BJFS.NS rise as much as 3.9% to 1,877.90 rupees

** Almost 3.2 mln shares traded in 15 block deals at 1,864.90 to 1,870.50 rupees per share - data compiled by LSEG

** Prices at a premium to stock's last close of 1,807.45 rupees

** Stock among top pct gainers in Nifty 50 index .NSEI which is up 0.3%

** Stock is witnessing its most active trading session since January 2, with more than 5.9 mln shares changing hands, 3.3x its 30-day avg

** Avg rating of 11 analysts equivalent of "buy", median PT is 2,000 rupees - data compiled by LSEG

** Stock up 19.1% YTD vs 5.1% fall in Nifty 50 index

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))