BAJFINANCE
19.01.2022 - MS on BajajFinance Maintain Overweight CMP 7744 Target 9060
19.01.2022 - CLSA on BajajFinance Maintain Sell CMP 7744 Target 6500
19.01.2022 - CS on BajajFinance Maintain Neutral CMP 7744 Target 8000
05.01.2022 - CLSA on BajajFin Maintain Sell CMP 7343 Target 6000
05.01.2022 - MS on BajajFin Maintain Overweight CMP 7343 Target Rs.9060
05.01.2022 - MS on BajajFin Maintain Overweight Target Rs.9060
MS ON BAJAJ FINANCE : 22.07.2021
* MS maintains Overweight rating on Bajaj Fin but cuts EPS forecasts after weaker-than-expected Q1 earnings
* MAINTAIN OVERWEIGHT TARGET: 6,850
* Co Has Three Ps-Profits, Platform & Payments, That Excite Investors In 'New Age' Stocks
* Cut EPS Forecasts After Weaker-than-expected Q1 Earnings
* Stock Looks Fairly Valued Vs Our Base Case
CITI ON BAJAJ FINANCE : 22.07.2021
* Citi maintains Buy call on Bajaj Fin but lowers FY22/23 earnings estimates
* High Stress; Decent Early Traction Of Wallet
• Lower FY22 / 23 Earnings By 11%/3%
• Tech Strategy Will Be Less 'Burn To Grow' & More Cross-sell To Existing Customers
* MAINTAIN BUY TARGET: 6,950
GS ON BAJAJ FINANCE : 22.07.2021
* GS has a Sell rating on Bajaj Fin as it believes co is facing another round of earnings downgrade in near term
* Q1 Operating Miss; Business Transformation In Focus But Competition Is Intense
* Earnings Miss Due To Difficult Macro Conditions & Slow Growth In Franchise Products
* In Near-term Co Is Facing Another Round Of Earnings Downgrade
* MAINTAIN SELL TARGET: 4,479
BERNSTEIN ON BAJAJ FINANCE : 13.07.2021
* MAINTAIN OUTPERFORM TARGET:7,240
* Good execution on digital transformation by Bajaj Finance will support its premium fintech valuation, Bernstein believes. The brokerage has an OUTPERFORM rating on the stock
* Digital Ecosystem Play Remains The Key Catalyst
• Good Execution On Digital Transformation Will Support Its Premium Fintech Valuation
* Estimate A 7x Jump In Indian Pay-later Landscape By 2025
CITI ON BAJAJ FINANCE : 07.07.2021
* Maintain BUY, Target at Rs 6,950/share
• Bajaj Finance's AUM grew 15% yoy/4% qoq
• Growth was in-line with the guidance provided by the management
• New client acquisition was impacted by the lockdown
* Liquidity surplus has returned to near pre Covid-19 levels
MS ON BAJAJ FINANCE : 07.07.2021
* Morgan Stanley is OVERWEIGHT on Bajaj Finance, target at Rs 6,000/sh
* MAINTAIN OVERWEIGHT TARGET: 6,000
* AUM Growth Better Than Our Estimates
* Customer Acquisition Was Good Considering Circumstances During Q1
* Bajaj Finance Management View : 11.06.2021
BAJAJ FINANCE CALL
* How is Bajaj Finance transforming its #business? Here's what MD #Rajeevlain told the investors
* BofA Hosted Rajeev Jain, MD, Bajaj Finance For An Investor Call
• Investors Questions Focused On Bajaj Finance's Elaborate 'Biz Transformation'
• Project Which Is Expected To Go Live By Early-Oct 21
* Significant Optimization Over Remainder Of FY22
• Tech Platform Will Allow Bajaj Finance To Achieve Twin Objectives
• New Tech Platform Entails A Single App Sign In To Access Bajaj Pay
• BAF Reiterates Financial Impact of Covid 2.0 Milder Vs First Wave
• BAF Remaining Open For Business Across All Categories
