HSBC has reduced its target price for Bajaj Finance Ltd (BJFN.NS) to ₹1,110 from ₹1,200, citing margin compression and slower earnings growth. Despite strong asset under management (AUM) expansion, rising costs and competitive pressures are weighing on profitability. The brokerage’s cautious stance reflects sector-wide challenges in India’s non-bank lending market.
Show moreStay Ahead – Explore Now! Arihant Foundations Executes Landmark Land Purchase Agreement
Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.
Powered By Just Imagine
