Bajaj Finance share price hits 52-week high after stellar Q3 results; should you buy, hold or sell?

Bajaj Finance share price touches 52-week high on Wednesday

© Provided by The Financial Express
Bajaj Finance share price touches 52-week high on Wednesday

Share price of Bajaj Finance surged over 3.5% on Wednesday after the company reported stellar Q3 results beating street estimates. The company on Tuesday reported an 85.5% rise in consolidated net profit at Rs 2,125 crore for the third quarter from Rs 1,146 crore in the year-ago period. Company’s Net Interest Income (NII) rose 40% at Rs 6,000 crore as compared to Rs 4,296 crore year-on-year (YoY). Bajaj Finance stock surged 3.6% to touch a 52-week high of Rs 8,043 per share on the BSE. The financial service major delivered an all-round healthy performance in all its key business parameters, said Motilal Oswal. The brokerage believes that its customer acquisitions and new loans booked have reached pre-covid levels and will soon breach historical highs in subsequent quarters.

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Sony Raises Forecast as Sales Hold up Amid COVID Damage | Business News

By YURI KAGEYAMA, AP Business Writer

TOKYO (AP) — Sony reported Thursday that its profit fell 54% in the last quarter, mainly due to a one-time tax-related gain that inflated last year’s number.

The Japanese electronics and entertainment company managed to maintain results despite the coronavirus pandemic, reporting a 13% rise in quarterly sales.

Tokyo-based Sony Corp.’s July-September profit totaled 213.1 billion yen ($2.4 billion), down from 458.6 billion yen the previous year. Quarterly sales climbed to 2.37 trillion yen ($21 billion).

Sony raised its profit forecast for the fiscal year through March 2022, to 730 billion yen ($6.4 billion), from an earlier 700 billion yen ($6.2 billion).

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Sony, which makes PlayStation game consoles, has suffered from a chip shortage because of the effects of COVID-19 infections in southeast Asia, as have other manufacturers around the world.

But its sprawling business, which includes TVs, digital cameras, movies and

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Lincoln University to hold business symposium

The Lincoln University School of Business is partnering with the Missouri Small Business Center to stage its first business symposium.

The symposium will be 9 a.m.-5 p.m. Wednesday at the Courtyard by Marriott hotel, 610 Bolivar St.

The business symposium, which will celebrate 131 years of business at Lincoln and in Jefferson City, aims to build collaborative relationships with the local business and financial communities.

“We’re trying to share what Lincoln has to offer in terms of providing economic development support for Jefferson City,” said Eric Burgess, head of the Lincoln business department.

The daylong event will feature keynote speakers, a buffet luncheon and three mini workshops. From 2:30-4 p.m., there will be a young grad panel discussion between successful Lincoln graduates and Lincoln School of Business student leaders.

The Lincoln School of Business will also present an economic study showing the significant economic impact Lincoln University has had in

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Forecast: Almond crop to shrink as drought takes hold

The forecast almond crop for 2021 is about 10% lower than 2020’s record crop. Photo by Marcia Cripps via

published on July 12, 2021 – 11:54 AM
Written by The Business Journal Staff

California almond production is forecast to fall this year as drought conditions plague Central Valley agriculture.

Golden State almond farmers are forecast to grow around 2.8 billion meat pounds this year, down 10% from last year’s record crop of 3.12 billion meat pounds, according to the National Agricultural Statistics Services of the U.S. Department of Agriculture.

While the crop started off on a good foot with dry weather in February providing ideal bloom conditions and plenty of opportunity for pollination, a lack of rain, low water allocations and record high temperatures last month degraded nut development, according to the USDA forecast.

“Some growers have decided to save their trees by stripping nuts before harvest,” said the

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