NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
Driven by strong, 34% YoY, assets under management growth, Bajaj Finance Ltd.’s Q4 FY24 net profit rose 21% YoY to Rs 38.2 billion (as expected).
Despite pricey valuations, we retain a Buy on best-in-class execution skills, robust customer franchisees and strong tech architecture.
At our 12-month unchanged target price of Rs 8,630 the stock would trade at 4.7 times FY26e book value and 24 times FY26e earnings per share.
Risks: Key-man risk, regulatory changes.
Click on the attachment to read the full report:
Also Read: Bajaj Finance Q4 Results Review - Inline, Strong RoA Delivery To Continue: Axis Securities
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
RECOMMENDED FOR YOU
Buy, Sell Or Hold: Bajaj Finserv, Hinduja Global, Vedanta, Power Grid, Piramal Pharma — Ask Profit
Sep 04, 2025
'Add' Bajaj Electricals Shares Maintains PL Capital — Check Target Price
Sep 03, 2025
Raamdeo Agrawal On India's Ties With US And China: 'Why Should One Come At The Cost Of The Other?'
Aug 21, 2025
SBI Cards Gets Yes Securities' 'Reduce' Rating Post Q1 Results — Check Target Price
Jul 28, 2025
POPULAR