bullish
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 TP of INR 4,832 from INR 4,928 (implied 5.5x Mar&#...
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