“So, I believe Bajaj Finance is in a very favorable position, and I wouldn’t be surprised if the stock doubles in two years. The only thing we need to monitor is whether the company can guide credit costs and confirm that the worst is behind them,” says Vinit Bolinjkar, Ventura Securities. How did you assess … Read more
Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says currently, financial stocks are passing through some kind of price rationalisation or valuation corrections and that is the time to buy into these companies. If we buy the India story, where the size of the economy is being talked about from $4 trillion to $10 trillion and … Read more
“We have a QGLP philosophy, where we look at the growth leaders where the longevity of growth is very high, and we buy new stocks at reasonable prices,” says Vaibhav Agrawal, AIF Fund Manager, MOAMC. In an interview with ETMarkets, Agrawal said: “If you had invested 1 crore, that would be about 12.5 crores today, … Read more
Commercial vehicle maker Daimler India said on Tuesday it has partnered with Bajaj Finance to offer tailor-made vehicle financing options for both its customers and dealers. The strategic partnership will offer customer-focused finance solutions with faster turnaround times for loan approvals, streamlined credit appraisal processes, and customised financing options to suit various customer needs, Daimler … Read more
Equity markets reacted harshly to the hike in capital gains tax on Tuesday, but erased all the losses in the end. In today’s trade, shares of L&T, Axis Bank, HUL, Bajaj Finance, Tata Consumer among others will be in focus due to various news developments or quarterly earnings. L&T, Axis Bank, Bajaj Finserv, SBI Life … Read more
The first quarter earnings season is in full swing and about 34 companies will announce their results on Tuesday. Among these, investors can watch out for the key results of HUL, Bajaj Finance, United Spirits, ICICI Sec and ICICI Pru Life. Apart from the above, companies like DCM Shriram, Gard Furnace, Icra, Infobeans Technologies, M&M … Read more
Domestic markets closed lower on Monday due to selling in index heavyweight Reliance Industries and Kotak Bank on muted earnings and caution ahead of the Union Budget. In today’s trade, shares of HUL, Bajaj Finance, Suzlon Energy, Federal Bank, Gensol Engineering among others will be in focus due to various developments and quarterly earnings HUL, … Read more
Leading NBFC Bajaj Finance is expected to post healthy growth in its core earnings for the first quarter ended June 2024. Net interest income for the reporting June quarter is likely to grow 26% year-on-year, according to an average estimate of four brokerages. Profit after tax (PAT), meanwhile, is seen rising 16% year-on-year. The company’s … Read more
Domestic markets settled at record high levels in their third straight day of gains on Tuesday. In today’s trade, Infosys, Tata Technologies, Asian Paints, Nazara Technologies, Adani Green among others will be in focus due to news developments and first quarter results. Infosys, Tata Technologies, PolycabShares of Infosys, Tata Technologies and Polycab will be in … Read more
Bulls regained control from the bears on Wednesday pushing the Nifty index above 24,300. In today’s trade, shares of Bajaj Finance, Vedanta, L&T Finance, Hindustan Zinc, Star Health among others will be in focus due to various news developments and first quarter updates. Bajaj FinanceBajaj Finance reported a 10% year-on-year growth in new loans booked … Read more
