BAJAJ Finance Share Price 2022|BAJAJ finance share price target 2022

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BAJAJ Finance Share Price : BAJAJ share price tanked 5% on Wednesday after the NBFC posted an 80% on-year growth in net profit at Rs. 2,420 crore for the fourth quarter ended March 2022. The board of directors also recommended a dividend of Rs 20 per share (1,000%) of face value of Rs. 2 each on equity shares for FY22.

Bajaj Finance shares hit an intraday low of Rs 6,855, down 5% from previous close on BSE. Brokerages remain mixed on the stock and see up to 31% upside and 17% downside going forward. “We expect Bajaj Finance to deliver a healthy AUM CAGR of 25% over the next two years. Even though the management has guided that it will prioritize margin over loan growth, NIM compression is likely in FY23, as levers like normalization in excess liquidity and borrowing costs have largely played out,” said Motilal Oswal in its note. (BAJAJ Finance Share Price)

bajaj finance share price

BAJAJ Finance Share Price Stock talk: Should you buy, hold or sell Bajaj Finance shares?(BAJAJ Finance Share Price)

ICICI Direct: Buy
Target price: Rs 9,500

Analysts at ICICI Direct believe that Bajaj Finance is a dominant player in the consumer finance space and since the fin-tech story is embedded in this business, valuations should stay at premium.

“The digital web platform, similar to app is the new strategy in FY23. We raise PAT estimates for FY24 by 17.8%,” they said. Digital transformation with robust customer additions and wallets is expected to boost profitability factoring initial cashbacks as part of opex, no impact on profit.

According to the brokerage firm, Bajaj Finance’s core business has got potential and is well on track to get transformed into an adaptable new age fin-tech. No plans to convert to a bank on an immediate basis. It maintains ‘buy’ rating on the stock with a target price of Rs 9,500 per share, implying 31% potential rally in 12 months.(BAJAJ Finance Share Price)

bajaj finance share price

Motilal Oswal: Buy(BAJAJ Finance Share Price)
Target price: Rs 8,350

According to analysts at Motilal Oswal Financial Services Ltd, 4QFY22 was a healthy quarter for Bajaj Finance with all-round momentum across key business parameters.

Customer acquisitions and trajectory in new loans remained strong. “This momentum will only get stronger with its digital ecosystem: app, web platform, and full-stack payment offerings. We expect BAF to deliver a healthy AUM CAGR of 25% over the next two years. The competitive landscape continues to remain aggressive.

We cut our FY23/FY24 PAT estimate by 4% each to factor in potential NIM compression and a higher OPEX ratio of 35% over the next two years,” they said. The brokerage expects Bajaj Finance to deliver a RoA /RoE of 4.2-4.4%/21-22% over the medium term. It maintains a ‘buy’ rating on the stock with a target price of Rs. 8,350 per share.

Kotak Securities: Sell(BAJAJ Finance Share Price)
Fair Value: Rs 6,500

Analysts at Kotak Securities believe that strong consumer demand and aggressive expansion will likely drive topline growth for Bajaj Finance. Covid-driven credit costs and interest reversals in base will accelerate on-year earnings.

“The Street will likely continue to focus on progress, success of its digital strategy, a tad weaker than expected for now. We are cutting our core estimates by 2-3% reflecting marginally lower loan growth and NIM. We expect Bajaj to deliver 23-25% near-term loan growth. We expect 23-26% core PBT growth over FY23-25, translating to 21% RoE,” it said. The broker maintains ‘sell’ call on the stock with a Fair Value (FV) of Rs 6,500, up from Rs 6,350 earlier.

CLSA: Sell(BAJAJ Finance Share Price)
Target price: Rs 6,000

Bajaj Finance missed CLSA’s Q4 PAT estimates by 9% on account of a 6% NII miss. The brokerage firm has been highlighting the growing disconnection between the valuations of top quality banks and Bajaj Finance over the past year, more so in the context of shrinking growth outperformance.

“We cut our FY23/24 PAT estimated by 8%/9% and our target price by 8% from Rs 6,500 to Rs 6,000. We maintain out Sell rating given a rich valuation.” It recommended investors to switch to private sector banks in the large-cap lending space.

Tomorrow’s Prediction [Forecast] Bajaj Finance (BAJFINANCE) share price targets [tomorrow, weekly, monthly](BAJAJ Finance Share Price)

Bajaj Finance Limited Tomorrow’s Movement Prediction Forecast & share price targets for tomorrow -BAJFINANCE Bajaj Finance Limited stock price movement predictions for tomorrow, weekly, monthly -NSE Stock Exchange carmabrand.com(BAJAJ Finance Share Price)

NSE Stock BAJFINANCE – Share Bajaj Finance Limited trades in NSE under Finance (including NBFCs)(BAJAJ Finance Share Price)

These tomorrow’s movement predictions & forecast of Bajaj Finance Limited (BAJFINANCE) are just for tomorrow’s session. Click here for short term, mid term, long term forecast & share price targets of Bajaj Finance Limitedor See what experts view is about Bajaj Finance Limited BAJFINANCE here(BAJAJ Finance Share Price)

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Tomorrow’s movement Prediction of Bajaj Finance Limited BAJFINANCE as on 27 Apr 2022 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There’s a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.(BAJAJ Finance Share Price)

Tomorrow’s movement Prediction of Bajaj Finance Limited BAJFINANCE as on 27 Apr 2022 is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.(BAJAJ Finance Share Price)

Tomorrow’s movement Prediction of Bajaj Finance Limited BAJFINANCE as on 27 Apr 2022 is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 6793.73

Tomorrow’s movement Prediction of Bajaj Finance Limited BAJFINANCE as on 27 Apr 2022 looks bearish. It has broken an important support level of 6924 with high volumes

Tomorrow’s movement Prediction of Bajaj Finance Limited BAJFINANCE as on 27 Apr 2022 looks bearish. It has broken an important moving average level of 7121.02 with high volumes

Munafa value: 0 as on 27 Wed Apr 2022(BAJAJ Finance Share Price)

 Munafa value: 0 as on 27 Wed Apr 2022

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Tomorrow’s share price targets for Bajaj Finance Limited are 6568.63 and 6423.17 on the downside

More share price targets here – Intraday, weekly and monthly price targets Short-term, Long-term forecast for Bajaj Finance Limited NEWS for Bajaj Finance Limited(BAJAJ Finance Share Price)

Downside target 6423.17
Downside target 6568.63
Upside target 6834.32
Upside target 6979.78
Upside target 7034.22
Upside target 7137.38
Upside target 7200.17
Upside target 7245.47
Upside target 7303.33
Upside target 7366.12

https://carmabrand.com/2022/04/top-5-software-development-companies-in-usa/Bajaj Finance Limited BAJFINANCE has strong support at 6642 and strong resistance at 7337 for tomorrow

Click here for more Support & Resistance levels for Bajaj Finance Limited(BAJAJ Finance Share Price)

Strong resistance 7337
Strong resistance 7152.5
Strong resistance 6978
Strong support 6642
Strong support 6318
Strong support 6250.45
Strong support 5968
Strong support 5616
Strong support 5342
Strong support 5073
Strong support 4800
Strong support 3457
Strong support 3290

Technical Analysis Reports for Bajaj Finance Limited BAJFINANCE are herehttps:https://www.riderongaming.com/2022/03/what-is-term-insurance.html

 Technical Analysis Reports for Bajaj Finance Limited BAJFINANCE are here

Forecast & price targets for short, mid, long term for Bajaj Finance Limited BAJFINANCE are herehttps://www.riderongaming.com/2022/03/what-is-term-insurance.html

 Forecast & price targets for short, mid, long term for Bajaj Finance Limited BAJFINANCE are here

Experts view, Buy Sell signals for Bajaj Finance Limited BAJFINANCE are here(BAJAJ Finance Share Price)

 Experts view, Buy Sell signals for Bajaj Finance Limited BAJFINANCE are here

BajajFinance trend for this week is positive, which means BajajFinance target predictions on upside have a better chance. BajajFinance targets for this week are 7395.18, 8248.47 on the upside, and 6826.32, 6470.78 on the downside.

BajajFinance target prediction for 06 Fri May 2022 are 7652.31, 7510.1, 7367.88 on the upside, and 6569.19, 6711.41, 6853.62 on the downside.

BajajFinance target prediction for 13 Fri May 2022 are 7819.53, 7548.75, 7277.97 on the upside, and 6401.97, 6672.75, 6943.53 on the downside.

BajajFinance target prediction for 20 Fri May 2022 are 8009.33, 7654.94, 7300.55 on the upside, and 6212.17, 6566.56, 6920.95 on the downside.

BajajFinance target prediction for 27 Fri May 2022 are 8296.59, 7847.3, 7398.01 on the upside, and 5924.91, 6374.2, 6823.49 on the downside.

BajajFinance target prediction for 03 Fri June 2022 are 8605.53, 8012.61, 7419.69 on the upside, and 5615.97, 6208.89, 6801.81 on the downside.

BajajFinance target prediction for 10 Fri June 2022 are 8801.87, 8054.48, 7307.09 on the upside, and 5419.63, 6167.02, 6914.41 on the downside.

BajajFinance trend for this month is positive, which means BajajFinance target predictions on upside have a better chance. BajajFinance targets for this month are 7840.75, 10744.73 on the upside, and 6679.15, 6461.36 on the downside.

BajajFinance target prediction for May 2022 are 8013.61, 7723.21, 7432.81 on the upside, and 6506.29, 6796.69, 7087.09 on the downside.

BajajFinance target prediction for June 2022 are 8120.25, 7743.42, 7366.59 on the upside, and 6399.65, 6776.48, 7153.31 on the downside.

BajajFinance target prediction for July 2022 are 8282.86, 7852.71, 7422.56 on the upside, and 6237.04, 6667.19, 7097.34 on the downside.

BajajFinance target prediction for August 2022 are 8561.94, 8050.49, 7539.03 on the upside, and 5957.96, 6469.42, 6980.87 on the downside.

BajajFinance target prediction for September 2022 are 8841.52, 8190.53, 7539.53 on the upside, and 5678.38, 6329.38, 6980.37 on the downside.

BajajFinance target prediction for October 2022 are 9359.9, 8569.12, 7778.33 on the upside, and 5160, 5950.79, 6741.57 on the downside.

First upside target and first downside targets are best & worst case scenarios respectively. In case of sharp rise or sharp falls, these levels will serve as maximum ranges. Second upside and second downside targets are in case of regular uptrend and downtrend respectively. Third upside and third downside targets are in case of consolidated trading sessions.

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