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Buy Bajaj Finserv, says Jagdish Malkani

Jagdish Malkani Member of NSE/ BSE recommends to buy Bajaj Finserv as it is an extremely well-run company.

June 28, 2013 / 18:47 IST
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Jagdish Malkani Member of NSE/ BSE told CNBC-TV18, "Bajaj Finserv genuinely is an extremely well-run company. Life insurance tooks a bit of a hit because of the end of Unit-Linked Insurance Plans (ULIPs). Its subsidiary Bajaj Finance, which is going to apply for a licence. It is a very good buy at these levels."


The share touched its 52-week high Rs 979.40 and 52-week low Rs 613.00 on 05 October, 2012 and 24 June, 2013, respectively. Currently, it is trading 34.38 percent below its 52-week high and 4.85 percent above its 52-week low. Market capitalisation stands at Rs 10,226.79 crore.
first published: Jun 28, 2013 06:47 pm

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