Name: Latest research reports of Bajaj Finserv Ltd. authored by JM Financial and published by - Trendlyne research reports.
Item: Bajaj Finserv Ltd.
Rating: 5
Author: JM Financial

Bajaj Finserv Ltd.

NSE: BAJAJFINSV | BSE: 532978 | ISIN: INE918I01026 | Industry: Holding Companies
| Momentum Trap

1847.2500 -4.60 (-0.25%)

NSE Mar 21, 2025 15:31 PM

30.18% Gain from 52W Low

Volume: 3.5M

Bajaj Finserv Ltd.

23 Oct 2018

1847.25

-0.25%

Bajaj Finserv

Buy: Bajaj Finserv Ltd.

Target

JM Financial

Strong performance by BAF offsets weak quarter for BAGIC; BALIC on track Bajaj FinServ reported consolidated PAT of INR 7.0 billion, up 1% YoY as the strong performance in Bajaj Finance (IndAS PAT up 55% YoY in 2QFY19) was offset by a) Kerala flood losses at BAGIC which negatively impacted combined ratio by 360bps and b) investment related provisions and losses at BALIC which negatively impacted shareholders' net income. A key point to note is that Bajaj FinServ continues to be a debt-free company with surplus liquidity (ex-group investments) at INR 8.4 billion as of Sep'18. All three of Bajaj FinServ's (BJFIN) businesses are well-poised to post strong profitability going forward. We...

Bajaj Finserv Ltd. has an average target of 2158.33 from 4 brokers.