Bajaj Finance issues 5.74 crore warrants to promoter for Rs 5,799 crore
Bajaj Finance is in focus in a promoter activity development.
· ET Stocks, Economic Times Markets
Bajaj Finance has allotted 5.74 crore warrants to its promoter, Bajaj Finserv, for Rs 5,799 crore. The special committee of the board approved the issue at an issue price of Rs 1,010 per warrant. Each warrant is convertible into an equivalent number of equity shares of the company.
The analysis
Bajaj Finance reported Rs 5,799 crore and Rs 1,010, with movement of 25% and 75% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.2% on the day at ₹1,067.00, and has returned -1.2% over three months. It sits 8% below its 52-week high. The financial services sector has moved -8.6% over the same period, so Bajaj Finance is running 7.4 points ahead of its peers.
For Bajaj Finance, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.
Why it matters
- Promoters buy and sell with more information than anyone; the direction of their conviction is a signal in itself.
Market context
- In focus: Bajaj Finance (BAJFINANCE), in Financial Services.
- On the day, 2 of 2 are higher: Bajaj Finserv leads at +0.2% and Bajaj Finance trails at +0.2%.
- Over three months: Bajaj Finance -1.2% against Financial Services -8.6% (7.4 points ahead); Bajaj Finserv -8.6% against Financial Services -8.6% (0.0 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Bajaj FinanceBAJFINANCE · Financial Services | ₹1,067.00 | +0.2% | +10.9% | -1.2% | -7.9% | 0.6× | — |
| Bajaj FinservBAJAJFINSV · Financial Services | ₹1,841.10 | +0.2% | +5.9% | -8.6% | -13.1% | 0.3× | — |
Financial Services
1M +1.9% · 3M -8.6%
Bajaj Finance, Bajaj Finserv
Prices as of 11 Nov 2026, 13:49 IST. Sector moves are the average of the stocks we track in each sector.
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