Picture of Bajaj Finance logo

BAJFINANCE Bajaj Finance News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsBalancedLarge CapMomentum Trap

Preview: India's Bajaj Finance trades flat ahead of quarterly results

** Shares of Bajaj Finance BJFN.NS trades flat ahead of Q4 results

** Five analysts, on average, expect consolidated net profit to rise 22.6% y/y - data compiled by LSEG

** PL Capital expects stable net interest margin with a scope to lower cost of funds, though MSME credit costs remain elevated and recovery may be delayed due to Middle East war

** Jefferies forecast Q4 AUM to rise 22% y/y, PAT rising 20% y/y

** BJFN rated "buy" on average by 34 analysts, median PT at 1,090 rupees - LSEG data

** YTD, stock down 5.4%

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))

Recent news on Bajaj Finance

See all news