class="post-template-default single single-post postid-12968 single-format-standard wp-embed-responsive post-image-above-header post-image-aligned-center sticky-menu-fade right-sidebar nav-below-header separate-containers header-aligned-left dropdown-hover" itemtype="https://schema.org/Blog" itemscope>

Bajaj Finance shares boom after the results, know from brokerage shopping or profit booking – Bajaj Finance Share Price Rose about 3 Percent Know the Future Earning Strategy on the Stock from Brookerage

Bajaj finance share price: The results in the third quarter of Bajaj Finance were better than the estimate. The company’s profits saw a jump of more than 18 percent. Earning from its interest also increased by 22 and a half percent. The company gave guidance of 22 to 23% in profit for FY26 and 25% in AUM. In the October-December quarter, the company’s consolidated net profit rose by 18 percent to Rs 4,308 crore on an annual basis. In the December quarter, Bajaj Finance’s Net Interest Income (NII) Q3 FY24 increased by Rs 7655 crore to Rs 9382 crore. After the results, brokerage has given a mixed opinion on stock.

The market has liked the company’s results. After the opening of the market, this stock was seen trading at Rs 7984.00 at Rs 7984.00 during 10.19 am.

Brokerage on Bajaj Finance

Morgan Stanley on Bajaj Finance

Morgan Stanley said that Q3 has less stressed assets like Q2. Lower credit guidance has been given in management for Q4. FY26 has increased the possibility of 25%+ EPS growth. He has given an overweight rating on this. Its stock has set a target of Rs 9300 per share.

Jefferies on Bajaj Finance

Jefferies says that the company’s profit was 5% better than an estimate in the third quarter. The company supported NII and fees income from a strong loan growth of 28% in the third quarter. Its asset quality trend is getting stable. They have given the opinion of shopping on this. Its target has been fixed at Rs 9270.

Top 20 Stocks Today- 20 stocks in which investors and traders can earn strong profits in intraday

Nomura has given the opinion of shopping on Bajaj Finance. Its target has been increased to Rs 9000. Strong loan growth has resorted to the results. Due to low credit cost, profits were more than estimated.

HSBC has given the opinion of shopping on Bajaj Finance. He says that the company’s results have been good in the third quarter. There has been a better asset quality than expected. They have increased its target to Rs 8900.

(Disclaimer: The ideas and investment advice on Moneycontrol.com have their own personal views and opinions. Moneycontrol advises users to consult certified experts before making any investment decisions.)

Leave a Comment