Profit

Bajaj FinServe disappoints investors with limp results

PUBLISHED ON: July 9, 2008 | Duration: 2 min, 18 sec

  
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The bear hug on Dalal Street means no financial business is isolated and that includes insurance business as well. Bajaj FinServe post demerger form Bajaj Auto has failed to impress invertors as it lost market share to competitors. Sanjiv Bajaj-led Bajaj Finserve has posted a loss of Rs 53 crore for the first quarter ended June 30, compared to Rs 10 crore loss in the year-ago period.
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