Bajaj Finance hits record high as strong Q3 earnings fuel optimism

Bajaj Finance shares surged 6 per cent to an all-time precocious of Rs 8,250.65 connected January 30, buoyed by robust quarterly results and bullish brokerage views. The non-bank fiscal elephantine posted an 18 per cent year-on-year leap successful consolidated nett net to Rs 4,308 crore for Q3FY25, surpassing analysts’ projections. 

Strong net thrust banal rally

The company’s nett involvement income (NII) roseate 23 per cent to Rs 9,382 crore, supported by a 28 per cent maturation successful assets nether absorption (AUM), which reached Rs 3.98 lakh crore arsenic of December 31, 2024. This accordant enlargement reaffirmed capitalist confidence, starring to a surge successful banal prices.

Brokerages stay bullish

Leading brokerages raised their people prices, citing beardown fundamentals and maturation prospects. Morgan Stanley maintained an ‘Overweight’ stance, expanding its people to Rs 9,300, noting sustained little recognition costs and a projected 25 per cent net per stock (EPS) maturation successful FY26. Jefferies assigned a ‘Buy’ telephone with a Rs 9,270 target, highlighting unchangeable plus prime and an anticipated creaseless CEO succession.

Nomura besides issued a ‘Buy’ call, raising its people to Rs 9,000, attributing its affirmative outlook to Bajaj Finance’s dependable show and robust indebtedness growth. HSBC upgraded its people terms to Rs 8,900, emphasizing the company’s premium valuation implicit peers and broad-based AUM expansion.

Investor sentiment remains upbeat

The market’s absorption underscores increasing assurance successful Bajaj Finance’s quality to prolong profitability amid a favourable lending environment. With a beardown equilibrium sheet, improving plus quality, and accordant maturation successful cardinal metrics, the banal remains a preferred prime among organization investors.

As the institution moves up with enlargement plans, marketplace watchers expect continued momentum, contingent connected macroeconomic stableness and recognition outgo management.