Bajaj Finance crosses ₹7 lakh crore market value as earnings lift targets
Bajaj Finance hit a record ₹1,177.60, valuing the lender at ₹7.29 lakh crore, after stronger quarterly results. CLSA and HSBC cited loan growth, margin gains, lower credit costs and improving asset quality while raising their price targets.
Bajaj Finance hit a record Rs 1,177.60, taking market value to Rs 7.29 lakh crore, after stronger-than-expected quarterly earnings. CLSA and HSBC raised targets, citing loan growth, stronger margins, lower credit costs and improving asset quality.
Why this matters
The move follows Bajaj Finance's top-10 market-cap gains after 28% Q1 profit growth, a Buy upgrade with a ₹1,300 target, and split broker views on valuation after Q1FY27 profit rose 28%.
Retail-company signals are accelerating, with QoQ growth of +225000%.