Deven Choksey Research has reiterated a BUY stance on Bajaj Housing Finance Ltd. with a target price of Rs 109, implying an upside of about 23% from the current market price of Rs 88.

Deven Choksey Research has initiated coverage on Bajaj Housing Finance Limited with a BUY call, setting a target price of Rs 107 against a current market price of Rs 85.

Bajaj Housing Finance, United Spirits, and ICICI Prudential stocks were trading with gains on Thursday while overall market trend was neutral.

Bajaj Housing Finance share price has been trading for almost a month in a narrow range. The stock has to decisively cross Rs 132 and a close above this level could lead to higher levels.

Bajaj Housing Finance share price closed 2.4 percent lower on Friday amid sell-off in Indian equity markets.

Bajaj Housing Finance stock was among top losers in today’s trading session with share price trading at Rs 141 (down by 5.9 percent).