Strong beat driven by all-round healthy business momentum
While NII rose 41% YoY to INR47.3b (6% beat), due to higher interest income from IPO financing and lower negative carry, it was slightly mitigated...
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Bajaj Finance: Earnings Pick-Up on the Cards
We revise our rating to HOLD from SELL with a revised target price of Rs 7,500. Bajaj Finance (BAF) delivered better than expected performance in...
179 Views
BAJFIN and the entire Financial Services group set to benefit from the new AMC license in the parent
BAF's return ratios have been consistent and also the highest in our Coverage Universe (excluding gold Financiers). Given the strong recovery post...
151 Views
BAJFIN and the entire Financial Services group set to benefit from the new AMC license in the parent
BAF's return ratios have been consistent and also the highest in our Coverage Universe (excluding gold Financiers). Given the strong recovery post...
206 Views
Bajaj Finance: Muted Performance in Q1FY22
We maintain a SELL on the stock with a target of Rs 4,300/share (5x FY23E ABV). Bajaj Finance (BAF) Q1FY22 PAT was below our estimates at Rs 1,004 Cr
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