NSE: BAJFINANCE | BSE: 500034

Momentum Trap

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1023.60 2.20 (0.22%)

53.54% Gain from 52W Low

445.5K NSE+BSE Volume

NSE 04 Dec, 2025 9:40 AM (IST)

636,933.2

Market Cap

Market Leader

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.

Bajaj Finance Ltd.

03 May 2024, 12:00AM

1023.60

0.22%

Early relief – RBI removes restrictions on Ecom/EMI Card

Buy: Bajaj Finance Ltd.

Emkay

BAF has announced that on 2-May-24 the RBI has communicated to the
company about removal of restrictions by the Regulator on BAF sanctioning and
disbursing new loans under its ‘eCOM’ and ‘Insta EMI Card’ segments
(restrictions put on 15-Nov-23) and suspension of issuance of EMI Cards to new
customers (on 17-Nov-23).

Bajaj Finance Ltd. is trading below its 30 day SMA of 1037.7

Bajaj Finance Ltd.

29 Apr 2024

1023.60

0.22%

First Light | Maruti Suzuki, Hindustan Unilever, Bajaj Finance, SBI Life, Supreme Industries, Dalmia Bharat, UTI AMC, Glenmark Life Sciences

Buy: Bajaj Finance Ltd.

Target

BOB Capital Markets Ltd.

MSIL: Steady performance, but steep valuations; downgrade to HOLD. HUVR: Subdued performance; expect gradual recovery. BAF: Obstacles for a powerful player on a protracted journey. SBILIFE: Expect market dominance to continue. SI: In-line Q4FY24; pipe volume guided to grow at healthy rate in FY25. DALBHARA: Disappointments all over; but paving the way for growth. UTIAM: Core profit in line; maintain HOLD. GLS: Weak quarter; maintain HOLD

Bajaj Finance Ltd. is trading above its 200 day SMA of 934.6

Bajaj Finance Ltd.

26 Apr 2024

1023.60

0.22%

AUM growth to remain robust at 26-28% in FY25E, but NIM compression to keep earnings muted in H1FY25E

Buy: Bajaj Finance Ltd.

Target

ICICI Securities Limited

Bajaj Finance’s (Bajaj) Q4FY24 financial performance was mixed as AUM growth, new customer acquisition, asset quality
and operating efficiencies continued to trend as envisaged; continued stress in rural B2C and 21bps QoQ NIM contraction were dampeners.

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

Bajaj Finance Ltd.

26 Apr 2024

1023.60

0.22%

Result Update:Bajaj Finance

Buy: Bajaj Finance Ltd.

Target

Axis Direct

We maintain our BUY recommendation on the stock.

Bajaj Finance Ltd. is trading below its 30 day SMA of 1037.7

Bajaj Finance Ltd.

26 Apr 2024

1023.60

0.22%

Staring at a weaker year ahead; downgrade to Neutral

Neutral: Bajaj Finance Ltd.

Recommendation Target

Motilal Oswal

Bajaj Finance (BAF)’s 4QFY24 reported PAT grew ~21% YoY to
~INR38.2b (in line), while FY24 PAT rose ~26% YoY to INR144.5b.

Bajaj Finance Ltd. is trading above its 200 day SMA of 934.6

Bajaj Finance Ltd.

26 Apr 2024

1023.60

0.22%

On right track to achieve Long Range Strategy goals

Buy: Bajaj Finance Ltd.

Emkay

BAF reported a good set of numbers in Q4FY24, against the backdrop of RBI’s
embargo on EMI and Ecom cards which affected PBT by ~4%, largely meeting
Consensus estimates. Management gave guidance for FY25 AUM growth of ~26-
28% and RoA of ~4.6-4.8% of AAUM, with profitability improving in the second
half as the first half will see some moderation in NIM on account of elevated
borrowing cost.

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

Bajaj Finance Ltd.

26 Apr 2024

1023.60

0.22%

Bajaj Finance Limited

Results Update: Bajaj Finance Ltd.

SMC online

Bajaj Finance Ltd. is trading below its 30 day SMA of 1037.7

Bajaj Finance Ltd.

23 Apr 2024

1023.60

0.22%

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.