NSE: BAJFINANCE | BSE: 500034

Momentum Trap

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1012.70 -0.90 (-0.09%)

56.98% Gain from 52W Low

230.1K NSE+BSE Volume

NSE 19 Nov, 2025 9:24 AM (IST)

630,150.7

Market Cap

Market Leader

1.1

Beta 1Year

High Volatility

Bajaj Finance Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BAJFINANCE, BSE:500034 Bajaj Finance Ltd.

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Bajaj Finance Ltd.

12 Nov 2025

1012.70

-0.09%

Result Update

Hold: Bajaj Finance Ltd.

Target

Deven Choksey

In Q2 FY26, Bajaj Finance continued to demonstrate robust business growth.
The company booked 12.2 million new loans during the quarter, up 26% from 9.7 million in Q2 FY25. The customer franchise expanded to 110.6 million as of 30 September 2025, compared to 92.1 million a year earlier, marking a 20% increase, with an addition of 4.13 million customers during the quarter.

Bajaj Finance Ltd. is trading above its 200 day SMA of 923.7

Bajaj Finance Ltd.

12 Nov 2025

1012.70

-0.09%

Bajaj Finance

Hold: Bajaj Finance Ltd.

ICICI Direct

delivered consistent robust growth with consolidated AUM touching ~4.62 lakh crore. Harnessing its large franchise base digitally offers a huge opportunity. Q2FY26 performance: Bajaj Finance reported a stable Q2FY26 performance with strong AUM (consolidated) growth of 24% YoY to 4,62,261 crore, driven by 1.21 crore new loans (up 26% YoY) and a customer addition of 41.3 lakh, taking the franchise to 11.1 crore. Net Interest Income rose 22% YoY to 10,785 crore, supported by 27-bps QoQ decline in cost of funds to 7.52%. Consolidated PAT grew 22% YoY to 4,948 crore, translating to healthy RoA of 4.5% and RoE of 19.1%....

Bajaj Finance Ltd. has gained 54.19% in the last 1 Year

Bajaj Finance Ltd.

11 Nov 2025

1012.70

-0.09%

Elevated H1FY26 credit cost, FY26 guidance unchanged at 185–195bps

Hold: Bajaj Finance Ltd.

ICICI Securities Limited

Bajaj Finance (Bajaj)’s Q2FY26 financial performance was impacted by elevated credit cost in MSME and captive 2W/3W loan segments. 2W’s share of captive stands at 1.5% of total AUM; however, it contributes 9% to total credit during Q2FY26.

Bajaj Finance Ltd.'s price crossed below 50Day SMA today

Bajaj Finance Ltd.

11 Nov 2025

1012.70

-0.09%

Bajaj Finance (BAF IN) Q2FY26 Result Update Lower...

Hold: Bajaj Finance Ltd.

Target

Prabhudas Lilladhar

Bajaj Finance Ltd. has an average target of 1082.86 from 12 brokers.

Bajaj Finance Ltd.

10 Nov 2025

1012.70

-0.09%

Mixed quarter with in-line earnings; minor cut in growth guidance

Neutral: Bajaj Finance Ltd.

Target

Motilal Oswal

Bajaj Finance (BAF)’s PAT grew 23% YoY to ~INR49.5b in 2QFY26 (in line). PAT in 1HFY26 grew at ~23% YoY and we expect PAT in 2HFY26 to grow at ~19% YoY.

Number of FII/FPI investors decreased from 1519 to 1492 in Sep 2025 qtr

Bajaj Finance Ltd.

25 Sep 2025

1012.70

-0.09%

Steady growth with strong return ratios

Buy: Bajaj Finance Ltd.

Target

Sharekhan

BAF’s AUM is expected to grow at 25% (CAGR) for FY25-FY27, driven by favorable government reforms, such as the reduction in GST on auto and consumer durables, which is expected to drive demand.

Bajaj Finance Ltd.'s price crossed below 50Day SMA today

Bajaj Finance Ltd.

05 Sep 2025

1012.70

-0.09%

Core earnings stood strong; profitability was impacted by emerging stress in unsecured portfolios

Accumulate: Bajaj Finance Ltd.

Deven Choksey

We have revised our FY26E/FY27E Adj. Book Value estimate by -1.0%/0.2%, respectively, as we factor in higher AUM growth led by proposed GST rate cuts and higher provisioning on account of elevated stress in the unsecured lending portfolio.

Number of FII/FPI investors decreased from 1519 to 1492 in Sep 2025 qtr

Bajaj Finance Ltd.

28 Jul 2025

1012.70

-0.09%

Healthy Q1, yet commentary weak

Buy: Bajaj Finance Ltd.

Sharekhan

Net earnings beat estimates by 2.8% (up by 21.8% y-o-y and 4.8% q-o-q) to Rs. 4,765 crore driven by healthy AUM growth, lower opex and credit cost that was below estimates. NII was almost in line with estimates, growing by 22.3%/4.3% (y-o-y/q-o-q) to Rs. 10,227 crore.

ICICI Direct released a Hold report for Bajaj Finance Ltd. with a price target of 1040.0 on 12 Nov, 2025.

Bajaj Finance Ltd.

28 Jul 2025

1012.70

-0.09%

Healthy Q1, yet commentary weak

Buy: Bajaj Finance Ltd.

Sharekhan

Net earnings beat estimates by 2.8% (up by 21.8% y-o-y and 4.8% q-o-q) to Rs. 4,765 crore driven by healthy AUM growth, lower opex and credit cost that was below estimates.

Bajaj Finance Ltd. has gained 54.19% in the last 1 Year

Bajaj Finance Ltd.

25 Jul 2025

1012.70

-0.09%

Bajaj Finance (BAF IN) Q1FY26 Result Update NIM...

Hold: Bajaj Finance Ltd.

Prabhudas Lilladhar

AUM grew 25% YoY to Rs 4,414.5 bn; we expect a similar run-rate in FY26E as the company adds new verticals (Cars, Gold, MFI) and customers (~14-16 mn). Expect NIM to improve by ~10 bps in FY26 supported by a lower cost of borrowing. Credit cost continues to be elevated in the quarter (at 2%) on account of higher stress in the auto/ MSME portfolio. Expect a moderation in FY26, factoring a healthy trend in early-stage delinquencies. We make minor changes to our FY26/FY27 estimates and assign a multiple of 3.9x (unchanged) on Mar'27 ABV with a TP of Rs 900. While we are positive on the growth outlook...

Bajaj Finance Ltd. is trading below its 30 day SMA of 1046.4

Is Bajaj Finance Ltd. worth buying?

2178 Votes:

Buy 74.89%

Sell 15.11%

Hold 10.01%

RESEARCH REPORTS

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Hold SEE REPORTS >

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