Bajaj Finance's stock is currently attracting attention from analysts and brokerage firms, with several projecting a significant upside in the near future. Here are some key insights:
Jefferies has raised its target price for Bajaj Finance to ₹8,310 per share, which implies an 18% upside from the current market price. The firm expects strong growth in loans and earnings, driven by the company's robust presence in consumer loans and new verticals like auto and commercial vehicles (mint).
Anand Rathi has a more optimistic outlook, with a 12-month target price of ₹8,630 per share, indicating a potential 33% upside. The firm highlights Bajaj Finance's competitive advantage in high-growth segments and its strong execution capabilities (mint).
Emkay has also recommended a target price of ₹9,000, reflecting confidence in the company’s medium-term growth prospects and market share gains (Finances Rule).
In summary, analysts are bullish on Bajaj Finance, citing its strong financial performance, strategic expansions, and market leadership. The target prices range from ₹8,310 to ₹9,000, suggesting significant growth potential from the current levels.
Bajaj finance share's one year trend
