BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Bajaj Finance Ltd. has released its mid-quarter update highlighting the impact of the second Covid wave on assets under management (Rs 40-50 billion, 3% of outstanding assets under management) and provisioning (Rs 11-13 billion, 0.8% additional credit cost).
A large portion of the provisioning is likely to be up-fronted in Q1.
New origination in B2B/other businesses are down to 40/60% versus planned level in May.
We have tweaked our estimate based on the revised guidance.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint 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 BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
