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%.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
