Why Jefferies sees limited upside in Bajaj Housing Finance despite its fast-growing loan book
- Posted on August 20, 2026
- By Business News Today
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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%.