Bajaj Finance shares rose up to 4.2% after the company reported a 22% YoY jump in Q4 net profit to Rs 5,553 crore. AUM crossed Rs 5 lakh crore, growing 22%, while quarterly AUM addition stood at Rs 25,498 crore. Strong momentum was driven by robust loan growth, with 12.89 million loans booked and customer base rising 17% to 119.33 million.
FPIs’ outflow nears Rs 33,000 crore in May on weaker rupee
However, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with net outflows