Sharekhan is bullish on Bajaj Holdings and Investment has recommended buy rating on the stock with a target price of Rs 3924 in its research report dated dated April 23, 2019.
Sharekhan's research report on Bajaj Holdings and Investment
Associate company Bajaj Auto’s topline to grow in double digits while elevated cost pressures to result in a slower earnings growth. PT revised to Rs 3,100 as we roll over to FY2021 with an unchanged Hold recommendation. Associate company Bajaj Finserv is an attractive play on our long-term structural theme of financialisation of savings in the economy.
We retain our Buy rating on Bajaj Holdings & Investment with a revised PT of Rs.3,924.
For all recommendations report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Get Lok Sabha 2019 Live Election Results, constituency-wise tally, news, views and analysis
Follow our Lok Sabha Election Result Live Blog here.