ICICI Securities has maintained its BUY recommendation on Bajaj Finance (BAF) with a target price of Rs 8,500, representing a 29% upside from the current market price of Rs 6,576.
Global rating agency Moody’s Investors Service has assigned a Baa3 investment grade rating to Bajaj Finance Ltd (BFL) for the first time, with a stable outlook.
Bajaj Finance Ltd, a leading player in the non-banking financial sector in India, was trading lower in early trades as the overall market sentiment was bearish.
