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“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened. Matthew 7:7-8

25 Sep 2018

STOCK MARKET--Which stocks are going to be next, Eicher or MRF?

Split and bonus adjusted price of Bajaj Finance is Rs 2700+. If one had one share of Bajaj Finance(Face Value Rs 10/-) during stock split and bonus issue in 2016 one is now holding 10 shares(Face Value Rs 2) of Bajaj finance(total market price more than Rs 27000/-). Bajaj Finance has shown 60% profit after tax(PAT) growth in Q4 FY18(YoY) and 81% PAT growth in Q1 FY 19 (YoY). I don’t know how much steam left to maintain such a growth in coming quarters. Try your luck.

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