BAJAJ FINANCE TARGET PRICE

Hot stocks: Brokerage take on L&T Finance, Bajaj Finance, Gujarat Gas, Sun Pharma, and others

Brokerage firms such as UBS have maintained a buy rating on L&T Finance, while JP Morgan maintained an overweight rating on Bajaj Finance, Citi has initiated coverage on Indegene and maintained a sell rating on Gujarat Gas.

Stocks in news: Bajaj Finance, Vedanta, L&T Finance, Hindustan Zinc, Star Health

Nifty surpasses 24,300 with bullish momentum. Key companies perform well: Bajaj Finance, Vedanta, L&T Finance. Hindustan Zinc focuses on silver production growth. Indiabulls Housing Finance rebrands to Sammaan Capital. Star Health targets doubling Gross Written Premium.

Bajaj Finance Q1 Update: New loans rise 10% YoY; AUM jumps 31% to Rs 3,54,100 crore

In its quarterly update announced on Wednesday after market hours, Bajaj Finance stated that it has resumed loan sanctions and disbursals under the ‘eCOM’ and ‘Insta EMI Card’ programs, as well as the issuance of EMI cards, following the RBI's removal of restrictions on these activities on May 2, 2024.

Nifty Bank hits fresh record high, climbs above Mt 53K; use dips to buy: Experts

HDFC Bank, Kotak Bank, Federal Bank and Bandhan Bank saw heavy buying while AU Small Finance Bank saw selling pressure. The bank index breached its crucial resistance level of 53,000, triggering a short covering move in the index. Traders are advised to use dip to go long in the index.

These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 25%

While the recent up move in large caps has made them cover some of the differential which has developed in the valuations between mid and large stocks. If one looks at the long term average, there is still a scope of mean reversion. It might happen in both ways, mid-cap witnessing some profit booking and large caps doing relatively well in the corrective phase of the markets. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

Positive Breakout: These 5 stocks close cross above their 200 DMA

Buy Bajaj Electricals, target price Rs 1300: JM Financial

Bajaj Electricals Ltd. key Products/Revenue Segments include Consumer Durables, Contract Revenue, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.

Hot Stocks: 3 stocks that may give returns between 16-33%

Shivalik Bimetal Controls, Ethos, and PNB Housing Finance show promise with strategic initiatives for growth and margin sustenance despite challenges. Analysts recommend these stocks with potential upsides ranging from 16% to 33%.

Nifty Bank hits fresh record highs; here are key levels to track on Thursday

The banking index continued on its upward trajectory stopping at a kissing distance from the 53,000 mark. Fresh call writing is visible at this level. According to experts, the undertone remained bullish, and a buy-on-dip approach is advisable with immediate strong support at the 52,500-52,400 level.

ITC, Bharti Airtel’s weight may go up in Nifty rejig. $95 million passive inflows expected

​ITC and Bharti Airtel’s weights in Nifty is expected to go up in the quarterly rejig which gets into effect on Thursday, triggering combined inflows of $95 million according to estimates by Nuvama.

Buy LIC Housing Finance, target price Rs 930: Motilal Oswal

LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 42346.60 Crore) operating in NBFC sector.

Hold Bajaj Auto, target price Rs 9984: Prabhudas Lilladher

Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 268075.38 Crore) operating in Auto sector.

Vodafone Idea, Bajaj Finance among 5 stocks with short buildup

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Thursday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:

Nifty target price increased to 25,638; HDFC Bank among 19 conviction picks: InCred Equities

As the VIX returns to a near-13 level, a domestic brokerage firm reaffirms its optimistic outlook for the Indian market. The firm highlights robust macroeconomic factors and projects 12% EPS growth for FY25-26, favoring investments in the utility, consumer, and capital goods sectors.

​TCS and RIL among top 10 stock holdings of Axis Mutual Fund

The fund house manages assets of Rs 2.94 lakh crore as on May 31, 2024. It manages 87 mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.

Shriram Finance, M&M among 6 Nifty50 stocks that hit new 52-week highs on Tuesday

Indian benchmark equity indices finished at record closing highs for the third session in a row on Tuesday, led by gains in technology firms and private banks, and boosted by strong domestic inflows as well as a climb in global equities. Meanwhile, in Tuesday's trading session, six stocks from the Nifty50 index hit fresh 52-week highs. Here's the list:

Buy Bajaj Consumer Care, target price Rs 300: ICICI Securities

Bajaj Consumer Care Ltd., incorporated in the year 2006, is a Mid Cap company (having a market cap of Rs 3744.34 Crore) operating in FMCG sector.

Morgan Stanley buys 3.13 crore shares of L&T Finance for Rs 534 crore via block deal

Bain Capital sold 8.82 crore shares of the company through its affiliates BC Asia Investment VI and BC Asia Growth Investment. For sometime, it has been planning a complete exit from L&T Finance by selling its existing stake.

Market Trading Guide: Bajaj Finance, Cipla, NMDC among 7 stock recommendations for Thursday

Benchmark equity indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level, mainly due to buying in power, capital goods and industrial stocks amid a largely positive trend in global equities. In a highly volatile trade, the 30-share BSE Sensex climbed 149.98 points to settle at 76,606.57. The NSE Nifty ended at a new closing peak of 23,322.95, up 58.10 points. "The Nifty closed flat after a strong initial hour of trading, encountering resistance around 23,400. However, the short-term trend remains positive as the index stayed above 23,300. In the near term, the index might continue consolidating within the 23,300-23,500 range. A decisive breakout above 23,500 could trigger a rally towards 23,800," said Rupak De of LKP Securities.

Bain Capital and BNP Paribas to sell L&T Finance shares worth Rs 1,500 crore

The block deal is estimated at a discount of 1% to the current market price of the shares and BNP Paribas could be the broker to the deal. Two entities of Bain Capital — BC Asia Growth Investments and BC Investments VI — along with BNP Paribas Financial Markets will together sell a 3.54% stake on Thursday.

Nifty at record high but these 9 stocks are still lagging behind

Nifty's journey from 22,000 to 23,000 took only seven months. During this up move, Bajaj Auto, Coal India, BPCL, Hero MotoCorp, Mahindra, and Mahindra, among others advanced between 65 and 85%. However, not all stocks gained. HDFC Life Insurance, LTIMindTree, and Asian Paints led the loser's list during the seven-month period: (Source: Prabhudas Lilladher)

Bearing the brunt today, but good for long term: 6 stocks from the financial services sector with upside potential of up to 30%

For all those who were again thinking why the financial services sector stocks are leading the recent phase of decline. A look into FPI holding patterns would throw the answer. It is the financial services, including banks where FPIs have the maximum exposure, so if they are booking profit, the first round of selling is bound to come in the sector where they have maximum holding.But there is another part to the story, which is when they come back, it is the very same sectors where they buy the first, because financial services and banks are the best proxy play to GDP growth. Also the fact that the majority of these stocks have ample liquidity plays an important part in the kinds of strong moves these stocks see.

Neutral on Bajaj Finance, target price Rs 7800: Motilal Oswal

Bajaj Finance Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Other Operating Revenue, Income From Sale Of Share & Securities and Service Charges for the year ending 31-Mar-2023.