scorecardresearchBajaj Finance shares surge 11% after Q1; 3 brokerages retain faith in stock

Bajaj Finance shares surge 11% after Q1; 3 brokerages retain faith in stock

Updated: 28 Jul 2022, 03:56 PM IST
TL;DR.
  • As of June 30, 2022, Bajaj Finance's asset under management increased by 28% to 204,018 crore compared to 159,057 crore as of June 30, 2021. Core AUM growth was at 11,931 crore during Q1FY23.
Brokerage firm Motilal Oswal has a buy call on Bajaj Finance with a target price of  <span class='webrupee'>₹</span>7,320 as it expects the company to deliver a healthy AUM CAGR of about 26% over FY22-FY24.

Brokerage firm Motilal Oswal has a buy call on Bajaj Finance with a target price of 7,320 as it expects the company to deliver a healthy AUM CAGR of about 26% over FY22-FY24.