Thursday, 20 August 2026 · World
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EUROS The World Financial Report
Nº 40 Thursday, 20 August 2026 · World Edition
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Why Jefferies sees limited upside in Bajaj Housing Finance despite its fast-growing loan book

Markets-Economic Times · 2h ago · 🇮🇳 India
Why Jefferies sees limited upside in Bajaj Housing Finance despite its fast-growing loan book

Jefferies initiated coverage on Bajaj Housing Finance with a Hold rating and Rs 92 target, citing limited upside from premium valuations despite strong growth prospects. It expects AUM to grow at a 23% CAGR and earnings per share at 20% through FY29, while return on assets stays near 2% and return on equity improves to 13.6%.

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