Bajaj Group becomes 5th Indian conglomerate to cross Rs 10 lakh crore in value
Bajaj Group surpasses ₹10 lakh crore in market capitalization, becoming the fifth business house in India to achieve this milestone. Bajaj Auto and Bajaj Finance have been major contributors to the group’s valuation, with Bajaj Auto gaining momentum due to the launch of Triumph Bike and Bajaj Finance witnessing a surge in shares following strong financial performance in H1 FY24 and recent fundraising activities. The group’s market valuation has surged by 41% since April, with Bajaj Auto leading the way with a 63% increase. Financial entities: Bajaj Finance and Bajaj Finserv, account for 73% of the combined valuation.
For more information, please read the full article.