Bajaj Finserv shares rise over 2% after Q1 earnings. Here's why Motilal Oswal upgrades to Buy, raises target price
Bajaj Finserv shares climbed after reporting a 12% net profit increase for Q1 FY27. Revenue from operations grew nineteen percent year-on-year, and interest income also saw gains. Bajaj Finance's customer base expanded significantly, and new loans booked showed substantial growth. Insurance businesses reported premium increases and strong new business value growth. Brokerages upgraded their ratings and raised target prices following the company's performance.
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Primary source: Economic Times
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