Rs. 56 Dividend Coming In May, 1:2 Stock Split & 4:1 Bonus Coming In June; How To Trade Bajaj Finance Shares?

Following a significant sell-off pressure brought on by the disappointing Q4 earnings, Bajaj Finance Ltd. shares saw some respite and were trading on Friday above the Rs 8,650 mark. Though the stock's Relative Strength Index (RSI) is currently at 41.55 and trending downward, suggesting waning momentum and an absence of strong buying interest at current levels, the stock is still maintaining its long-term uptrend, which is characterized by regular building of higher highs and higher lows on a broader timeframe. Even though the quarter and fiscal year ending March 31, 2025, showed subpar financial performance, Bajaj Finance shocked shareholders with a 1:2 stock split, a 4:1 bonus share, a Rs. 12 special dividend, and a Rs. 44 final dividend. Let's find out how traders may place their bets by record date in order to become eligible.

Bajaj Finance Special Dividend

"The Board of Directors have declared a Special (Interim) Dividend on equity shares at the rate of Rs. 12 per share (600%) of face value of Rs. 2 each for the financial year ended 31 March 2025. The same will be credited/dispatched on or about 26 May 2025. The distribution of Special (Interim) Dividend is on account of exceptional gain resulting from the sale of investment in Bajaj Housing Finance Limited ("BHFL") as part of IPO listing in September 2024. Further. pursuant to Regulation 42 of the SEBI Listing Regulations. the record date for the purpose of determining the members eligible to receive the Special (Interim) Dividend for the financial year ended 31 March 2025. has been fixed as 9 May 2025," said Bajaj Finance in a regulatory filing.

Bajaj Finance Final Dividend

"The Board of Directors have recommended Final Dividend on equity shares at the rate of Rs. 44 per share (2200%) of face value of Rs. 2 each for the financial year 31 March 2025. The said dividend, if declared, by the shareholders at the ensuing Annual General Meeting, will be credited/dispatched on or about 28 July 2025. Further. pursuant to Regulation 42 of the SEBI Listing Regulations, the record date for the purpose of determining the members eligible to receive the Final Dividend for the financial year ended 31 March 2025, has been fixed as 30 May 2025," stated Bajaj Finance in a regulatory filing.

Bajaj Finance Bonus Shares

The Board of Directors took into consideration and authorized the issuance of bonus equity shares in the 4:1 ratio, meaning that for every fully paid-up equity share of Re. 1, there would be four bonus equity shares of Re. 1.

The entire number of securities intended to be issued or the total sum for which the securities will be issued (roughly) is 4,97,14,29.216 equity shares of Re. 1 each fully paid up. Subject to the necessary authorizations, the company stated that it will complete its bonus share corporate activity by June 27, 2025, at the latest. In due time, the record date for this purpose will be disclosed.

Bajaj Finance Stock Split

The Board of Directors considered and recommended "Sub-division of 1 (one) equity share of face value of Rs. 2 each fully paid-up into 2 (two) equity shares of face value of Re. 1 each fully paid-up," Bajaj Finance informed stock exchanges.

Subject to the appropriate authorizations and a record date that will be announced in due course, the company will complete its stock split corporate activity by June 27, 2025, at the latest.

Bajaj Finance Share Price Target

BAJFINANCE is currently trading around Rs 8,665 and continues to maintain its long-term uptrend, marked by a consistent formation of higher highs and higher lows on the broader timeframe. Despite this bullish structure, the stock has recently faced rejection from higher levels following disappointing quarterly results.

"On the downside, immediate support is seen near the ₹8,500 mark, followed by a stronger support zone around ₹8,300. A decisive breach below these levels could lead to extended selling pressure, potentially dragging the stock towards its long-term exponential moving average (EMA), thereby testing the resilience of its prevailing uptrend. Technically, BAJFINANCE has broken below its short-term EMA and is now hovering near its medium-term EMA. Sustained weakness below this level may further reinforce bearish sentiment in the short term and trigger additional downside movement. The Relative Strength Index (RSI) is currently at 41.55 and trending downward, indicating fading momentum and a lack of strong buying interest at current levels," said Hardik Matalia - Derivative Analyst at Choice Broking.

"For short-term traders, it is advisable to wait for clear reversal signals before initiating fresh long positions. On the contrary, aggressive traders may consider shorting the stock below the ₹8,500 mark, but only with strict stop-loss placement above ₹8,700, given the high-risk nature of such trades. From a long-term investment perspective, the overall structure remains bullish. The recent correction can be viewed as a healthy pullback within the broader uptrend. Investors may consider starting partial accumulation at current levels and look to add further on dips, especially if supported by a confirmed reversal and stability around key support zones" the analyst further recommended.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.