Hot stock alert! Bajaj Finance share price rises nearly 3% - What investors should know from expert
Motilal Oswal says that 4QFY21 was a healthy quarter for Bajaj Finance. Disbursements have exceeded 90% of YoY levels across most segments. The initial asset quality performance of incremental disbursements is in line with or marginally better than pre-COVID levels. This bodes well for asset quality in the medium term. In the near term, we do not foresee any major asset quality disruption, unless the impact of the second wave is worse than expected. Bajaj Finance is the 2nd top gainer on Nifty after Bajaj Finserv
Sumeet Bagadia, Executive Director of Choice Broking says that Bajaj Finance if the stock moves above Rs 5800, then it can see levels of Rs 5900 – Rs 6000: Reuters