Bajaj Finance: Citi on Bajaj Fin Maintains Buy with Target Price of ₹1,120 on strong 1QFY27 AUM growth (23.9% YoY, 7.2% QoQ) at the upper end of guidance, robust growth across sales finance, mortgages, gold loans, tractor, CV/CE and new car financing, 20% YoY growth in new loans to 16.13 million, 17% YoY customer franchise growth to 124.43 million, while SME lending remains cautious and the captive 2W/3W book continues to decline.
Bajaj Finance: Citi on Bajaj Fin Maintains Buy with Target Price of ₹1,120 on strong 1QFY27 AUM growth (23.9% YoY, 7.2% QoQ) at the upper end of guidance, robust growth across sales finance, mortgages, gold loans, tractor, CV/CE and new car financing, 20% YoY growth in new loans to 16.13 million, 17% YoY customer franchise growth to 124.43 million, while SME lending remains cautious and the captive 2W/3W book continues to decline.