Bajaj Housing Finance Q2 results show stable asset quality
after close1 source ↓written by the desknot a recommendation
- YoY
- 18%
- with revenue rising
- 17%
- ₹2,614 cr
- gross NPAs
- 0.26%
- target price
- ₹120
Bajaj Housing Finance reported a net profit of ₹643 cr, up 18% YoY, with revenue rising 17% to ₹2,614 cr. Asset quality remained stable, with gross NPAs at 0.26%. Motilal Oswal maintains a 'Neutral' rating, citing strong performance despite competition and a target price of ₹120, suggesting a 10% upside.
Traders should monitor the stock for potential volatility following these results.
Not investment advice. For informational purposes only.