Bajaj Housing receives 30% upside target from ICICI Securities
after close1 source ↓written by the desknot a recommendation
- target price
- ₹125
- indicating
- 30% potential upside
- from FY23-25
- 23% AUM growth
- until FY28
- 14-16% CAGR
Bajaj Housing Finance has been rated Buy by ICICI Securities, with a target price of ₹125, indicating a 30% potential upside. The brokerage highlights the company's focus on optimizing its asset under management (AUM) mix and maintaining strong credit quality. With a 23% AUM growth from FY23-25, Bajaj Housing aims to outpace the industry growth of 14-16% CAGR until FY28.
Not investment advice. For informational purposes only.