Name: Latest research reports of Bajaj Finance Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Bajaj Finance Ltd.
Rating: 5
Author: Emkay

Execution machine robust as ever; ST challenges in the price

Buy: Bajaj Finance Ltd.

Target

Emkay

We initiate coverage on Bajaj Finance (BAF) with a BUY recommendation and
Mar-25E TP of Rs9,000/sh (~23.4% upside), implying FY26E consolidated P/B
of 5.1x.