Bajaj Finance Share Price Target 2030: Bajaj Finance Limited is an Indian multinational financial services company headquartered in Pune, Maharashtra, India. Its main products and services include investment banking, asset management, retail banking, and private equity. The company was founded in 2007 by Rajesh Bajaj and Sanjiv Bajaj. It is a part of the Bajaj Group, one of the largest conglomerates in India. As of March 2020, the company has a market capitalization of ₹ 619 billion (US$8.6 billion). The shares of Bajaj Finance are currently trading at Rs. 7,188.00 on the Bombay Stock Exchange (BSE). The stock has seen a 52-week high of Rs. 7852.60 and a 52-week low of Rs. 5283.90.
Bajaj Finance Share Price Target and Score Board
Bajaj Finance is one of the top-performing NBFCs in India. The company has a strong financial track record, with robust growth in assets and profits.
Bajaj Finance’s total assets have grown from Rs. 48,381 crores in FY17 to Rs. 1,06,648 crore in FY20. Similarly, its net profit has increased from Rs. 1,291 crores in FY17 to Rs. 3,680 crores in FY20.
The company’s asset quality is also impressive, with a gross non-performing loan (NPL) ratio of 0.41% as of March 2020. This is one of the lowest NPL ratios among Indian NBFCs.
Bajaj Finance’s strong financial performance has been recognized by various rating agencies. It has been assigned a long-term credit rating of AAA by Crisil and ICRA and a long-term rating of AA+ by CARE Ratings.
With its strong financial track record and robust growth prospects, Bajaj Finance is well-positioned to continue delivering superior returns to shareholders over the long term.
Bajaj Finance Share Price target for 2025
As of July 2020, Bajaj Finance is trading at Rs. 3,741.25. The company has grown at a CAGR of 36% over the last five years.
Assuming a growth rate of 30%, the Bajaj Finance share price target for 2025 would be Rs. 19,113.
Bajaj Finance is one of the leading NBFCs in India with a strong focus on retail lending. The company has an excellent track record of asset quality and profitability. Going forward, we expect Bajaj Finance to maintain its strong performance, driven by healthy growth in its loan portfolio and further expansion into new segments and geographies. We believe the stock is fairly valued at current levels and recommend a hold rating on the stock with a price target of Rs 19,113 for FY 2025
Bajaj Finance’s Share Price Forecast for 2030
Bajaj Finance’s share price target for 2030 is Rs.24846.00 This target is based on the company’s strong fundamentals and growth prospects.
Bajaj Finance is one of the leading non-banking financial companies in India with a strong focus on consumer lending. The company has a diversified product portfolio and a wide geographical reach.
It has a strong brand equity and a well-established distribution network. The company’s robust growth prospects are supported by its strong fundamentals. Thus the Bajaj Finance Share Price Target 2030 is on the very high side.
Looking at the current trend, it is safe to say that the Bajaj Finance share price target for 2030 is likely to be around Rs. 24846.00. While this may seem like a stretch, it is not impossible given the company’s strong growth prospects. This is just a personal viewpoint, please do market research and then only invest in the share as investing in the share market is risky and Dtai.in or its editor, or blog post writer will not be responsible for any loss that one may suffer because of the investment in this or any particular share.