On Friday, 21 March 2025, Bajaj Finance Limited shares recorded an increase of more than 4%, leading to the share price to a new all -time high of 9,070. This boom comes after the announcements of leadership change in the company. Current Managing Director (MD) Rajiv Jain has been promoted to the post of Vice President (Vice Chairman) from 1 April 2025, while current deputy MD Anoop Kumar Saha will take over as the new MD.
These leadership changes have been taken positively by investors, which has increased the share price. In addition, several brokerage houses have increased the target price for Bajaj Finance shares, further strengthening the trust of the investors.
According to market experts, this leadership change is a sign of a streamlined succession plan for the company, which ensures the stability and development of the company in the future.
Overall, this increase in shares of Bajaj Finance is a result of leadership change and growing confidence of investors, which is a positive sign for the company's future.
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