Why Jefferies sees limited upside in Bajaj Housing Finance despite its fast-growing loan book
Jefferies initiated coverage on Bajaj Housing Finance with a Hold rating and Rs 92 target, citing limited upside from premium valuations despite strong growth prospects.
It expects AUM to grow at a 23% CAGR and earnings per share at 20% through FY29, while return on assets stays near 2% and return on equity improves to 13.6%.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
