Shares of Bajaj Finance hit a 52-week high of Rs 7,916.70, soaring 8 per cent on the BSE in Tuesday's intra-day trade, after the company's new loans booked during first quarter (April to June) of fiscal 2023-24 (Q1FY24) grew by 34 per cent to 9.94 million as compared to 7.42 million in Q1FY23.
The stock surpassed its previous high of Rs 7,777, touched on September 22, 2022. Meanwhile, shares of Bajaj Finserv rallied 6 per cent to Rs 1,632.95 on the BSE in the intra-day trade. In comparison, the S&P BSE Sensex was up 0.34 per cent at 65,427 at 09:35 AM.