Economic TimesLean R·
Bajaj Finance shares rally 5% after Q1 results. What Nomura, Nuvama, other brokerages expect
Shares of Bajaj Finance rallied 5% to Rs 1,108 on the BSE on Friday after the non banking financial company reported a 28% year-on-year growth in its standalone net profit at Rs 6,081 crore for the first quarter of FY27, with some brokerages raising target prices for the stock after the earnings print.The company on Thursday reported a rise in net profit from Rs 4,765 crore recorded during the corresponding quarter of the previous financial year. Its net interest income (NII), meanwhile, increa…
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