Accelerated business transformation underway!
Bajaj Finance (BAF)'s Annual Report shares a glimpse of the management's two-pronged strategy implemented in FY21: a) conservatism and prudence and...
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LIC Housing Finance – Hit With A Brick
LIC HOUSING FINANCE: LIC reported a poor FY 4Q21 bottom-line, declining 45.0% linked quarter due to a massive loss provision reflecting a 16%...
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Bajaj Finance (Update): Mid-quarter profit warning calls for a reality check. Downgrade to REDUCE
We revise our FY22/FY23 earnings downward by 9.1%/2.0% on account of higher credit costs and downgrade the stock to REDUCE from ADD with a revised...
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BAJFINANCE: We Maintain Our Sell Rating with a Target Price of Rs 4300/Share
We maintain our Sell rating with a target price of Rs 4300/share (5x FY23E ABV) from Rs 4350/share earlier.
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Axis Bank Placement - Well Flagged, past Deals Have Done Well
The Government of India (GoI) aims to raise up to US$560m via selling a 1.9% stake in Axis Bank Ltd (AXSB IN). This won’t be the first selldown by...
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