Bajaj Finance Share Price Target From 2023 to 2030

Share of Bajaj Finance is currently trading at around Rs.5900/- Existing as well as prospective investors are asking for the Bajaj Finance share price target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Bajaj Finance Limited and based on our discussion and analysis will tell you the Bajaj Finance Share Price Target from 2023 to 2030.  

Bajaj Finance Limited is a non-banking financial company (NBFC) based in Pune, India. It was established in 1987 and has since become one of the most well-known NBFCs in India. The company operates in four main business segments: consumer finance, small and medium enterprises (SMEs) lending, commercial lending, and wealth management.

Bajaj Finance Limited’s financial performance has been impressive in recent years. The company has seen consistent growth in its revenue and profits, driven by a combination of expanding its product offerings, entering new markets, and focusing on customer satisfaction. In the financial year 2021, the company’s total income was INR 32,626 crore, an increase of 9.2% from the previous year.

Bajaj Finance Limited’s net profit also increased by 7.2% to INR 4,222 crore in the financial year 2021. The company’s net interest income increased by 6.5% to INR 16,630 crore, while its assets under management (AUM) increased by 4.7% to INR 1.53 lakh crore. Bajaj Finance Limited’s loan book quality has remained strong, with the company maintaining a gross non-performing assets (GNPAs) ratio of 1.79% as of March 31, 2021.

The company’s consumer finance business segment has been a key driver of growth for the company. Bajaj Finance Limited offers a range of consumer finance products, including personal loans, home loans, two-wheeler loans, and consumer durable loans. The company has also introduced new products, such as digital gold loans and health and wellness loans, to cater to changing customer needs. In the financial year 2021, the consumer finance business segment accounted for 49% of the company’s AUM.

Bajaj Finance Limited’s SMEs lending and commercial lending segments have also performed well in recent years. The company offers a range of lending products to SMEs, including business loans, working capital loans, and machinery loans. In addition, Bajaj Finance Limited offers a range of commercial lending products, including loan against property, lease rental discounting, and project finance. In the financial year 2021, SMEs lending and commercial lending segments accounted for 20% and 10% of the company’s AUM, respectively.

Bajaj Finance Limited’s wealth management business segment has also been a key contributor to the company’s growth. The company offers a range of wealth management products and services, including mutual funds, fixed deposits, and insurance. In the financial year 2021, the wealth management business segment accounted for 15% of the company’s AUM.

Overall, Bajaj Finance Limited’s financial performance has been strong in recent years. The company has seen consistent growth in its revenue and profits, driven by a combination of expanding its product offerings, entering new markets, and focusing on customer satisfaction. The company’s loan book quality has remained strong, and it has maintained a healthy GNPA ratio. With a strong presence in the Indian NBFC market and a diversified business portfolio, Bajaj Finance Limited is well-positioned for continued growth in the future.

Bajaj Finance Share Price Target 2023

Based on the above discussion and analysis, the share price of Bajaj Finance  may touch the level of around Rs.6000-6500 in 2023.

Bajaj Finance Share Price Target 2024

Based on the above discussion and analysis, the share price of  Bajaj Finance   is likely to touch the level of around Rs.6700-7000 in 2024

Bajaj Finance Share Price Target 2025

Based on the above discussion and analysis, the share price of  Bajaj Finance   is likely to remain in the range of Rs.7200-7500 in 2025.

Bajaj Finance  Share Price Target 2026

Based on the above discussion and analysis, the share price of Bajaj Finance   may touch the level of around Rs.7700-8000 in 2026.

Bajaj Finance  Share Price Target 2027

Based on the above discussion and analysis, the share price of Bajaj Finance   is likely to touch the level of around Rs.8200-8500 in 2027.

Bajaj Finance  Share Price Target 2028

Based on the above discussion and analysis, the share price of  Bajaj Finance   is likely to remain in the range of Rs.8700-9000 in 2028

Bajaj Finance  Share Price Target 2029

Based on the above discussion and analysis, the share price of  Bajaj Finance   is likely to touch the level of around Rs.9200-9500 in 2029

Bajaj Finance  Share Price Target 2030

Based on the above discussion and analysis, the share price of Bajaj Finance is likely to remain in the range of Rs.9700-10000 in 2030

Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.

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