"Bajaj Housing Finance trades rich (4.7X book and 39X earnings FY26E), posing a downside risk (21% to our fair value of ₹100) and drives our 'sell' rating," the domestic brokerage firm said, adding that a high growth runway, parent Bajaj Finance's exceptional execution track record, and a clean asset quality over the years are the key positives for the firm.
This story is from the January 04, 2025 edition of Financial Express Bengaluru.
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This story is from the January 04, 2025 edition of Financial Express Bengaluru.
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