25 May 2025, Sun

Bajaj finance shares: Bajaj Finance shares have seen a decline with a rapid decline during early trade on Wednesday. This situation happened when the company said that it earned a great earning in the quarter ended in March. However, the market has been reduced by estimates. Bajaj Finance shares were trading at 8,608.45 at 10.18 am at 10.18 am with a 5.2 percent decline on the Bombay Stock Exchange.

The stock market reacted negatively to the financial data stated by the company. While the figures were generally strong, although the market did not live up to the high expectations already fixed. In the fourth quarter of the financial year 2024-25, Bajaj Finance recorded a year-on-year growth of 19% in net profit, which was Rs 4,546 crore, which increased by 22% in net interest income and increased to Rs 9,807 crore.

The results fell after the result

During the same period, the total income of the company has increased by about 23 percent and it increased to Rs 11,917 crore. Company integrated property management [consolidated Assets] Under this, 26% increased to Rs 4.16 lakh crore, while the new loans given during the quarter increased by 36% to 10.7 million.

Despite all this, the shares of Bajaj Finance on Dalal Street could not attract investors. The high credit loss provision increased to Rs 2,329 crore as compared to last year, which was Rs 1,310 crore a year ago, due to which it was disappointed among investors.

However, the brokerage firm HSBC has kept its price target ten thousand eight hundred rupees per share while retaining the BUY rating on Bajaj Finance. HSBC believes that the strongest earning quality after ICICI Bank in NBFC setments is of Bajaj Finance. From 2025 to 2028, the brokerage firm has estimated 25 percent CAGR in the EPS growth of Bajaj Finance from 2025 to 2028.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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