Bajaj Finance shares: Citi downgrades stock after outperformance vs Nifty Bank; Check targets
Shares of Bajaj Finance Ltd., which have gained over 30% so far in 2025, are expected to react to their March quarter results, announced after market close on Tuesday. The stock has risen in only one of the last five trading sessions.
India’s leading non-bank lender’s net profit and net interest income (NII) came in slightly below CNBC-TV18’s estimates but recorded double-digit growth compared to the same quarter last year. Alongside the results, the company also approved a bonus issue of shares, a special and final dividend, and a stock split.
Global brokerage firm HSBS continues to remain constructive on Bajaj Finance and has maintained a ‘Buy’ rating on the counter. The brokerage has a price target of ₹
10,800 per share on the…
