Bajaj Housing Finance has consistently delivered impressive growth, with its net worth increasing by 32% in the last fiscal year. This growth is a testament to the company's strong financials and expanding presence in the housing finance sector.
The company's asset quality has been a major highlight, with a gross non-performing asset (NPA) ratio of just 1.45%. This is a significant improvement from the previous year, indicating a robust credit management system.
Bajaj Housing Finance has been actively expanding its presence in the rural market, with a focus on providing affordable housing finance solutions to low-income households. This strategic move is expected to drive growth and increase the company's market share.
The company's management team has a proven track record of delivering results, with a strong focus on risk management and customer satisfaction. This expertise has been instrumental in driving the company's growth and success.
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Share Price Analysis
The Bajaj Housing Finance share price has been fluctuating between 126.10 and 128.20 in the latest trading session, with a current price of 126.35, down by -0.02 from its previous closing.
Over the past year, the stock has achieved a return of 0.00%, while in the last month alone, the return has been -6.18%. This significant decline in recent months has raised concerns among investors.
According to Anshul Jain, Research Head of Laxmishree Invest and Security, there is no problem with the Bajaj Housing Finance stock in the current situation, and investors with a long-term perspective can consider buying the counter in the price range of Rs 125 to Rs 115.
The stock's market cap is a significant ₹10,54,76.00 Cr. for NSE, and its 52-week high and low are Rs 188.50 and Rs 128.17, respectively. The relative strength index (RSI) of the stock is 35.8, which is considered oversold.
Here is a summary of the key statistics:
Share of Ltd
The share price of Bajaj Housing Finance Ltd is currently trading at ₹ 126.35 for NSE and ₹ 126.4 for BSE as of January 3rd, 2025.
Let's take a look at the historical share price data, which shows that the company's share price has fluctuated over the past few years. In January 2025, the share price ranged from ₹ 125.94 to ₹ 129.08.
Here's a breakdown of the company's recent prices:
This data shows a slight increase in the share price over the past few days.
Multi-Bagger Stocks
If you're looking for stocks that can potentially give you a high return on investment, you should consider multi-bagger stocks. These are stocks that have the potential to increase in value by 10 times or more over a certain period of time.
Bajaj Housing Finance shares are expected to bounce back to Rs 140 to Rs 145 levels soon, according to market expert Jain. This makes them a good option for long-term investors.
Investing in Bajaj Housing Finance stock for five to eight years can be a good idea, as it has the potential to prove a multi-bagger for you.
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Fundamental Analysis
Fundamental Analysis is a crucial aspect of evaluating Bajaj Housing Finance's share price target.
The company's strong financial performance, with a net interest income of ₹3,044 crore in FY2022, is a significant factor to consider.
Bajaj Housing Finance's net worth has consistently increased over the years, reaching ₹14,511 crore in FY2022.
This growth in net worth is a testament to the company's ability to manage its finances effectively.
The company's asset quality is also a key consideration, with a gross non-performing assets (GNPA) ratio of 1.51% in FY2022.
Bajaj Housing Finance's management has been proactive in maintaining a healthy asset quality, which is a positive sign for investors.
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Limited Fundamentals
The market capitalization of Bajaj Housing Finance Limited is a staggering ₹1,05,476 crore.
This massive market cap is a result of the company's strong fundamentals, including a beta of 0.92, which indicates a relatively stable stock.
The price-to-earnings (PE) ratio of 56.96 (TTM) suggests that investors are willing to pay a premium for the company's shares.
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Book value per share is ₹22.55, which is a significant amount considering the company's financial health.
A return on equity (ROE) of 15.23% is a testament to the company's ability to generate profits from its shareholders' equity.
The company's earnings per share (EPS) for the TTM period is ₹2.22, which is a decent amount considering the industry standards.
The dividend yield is a mere 0.00%, indicating that the company may not be distributing its profits to shareholders in the form of dividends.
Here is a brief summary of the company's key fundamentals:
Net Income
Net Income is a crucial metric in financial analysis, and it's essential to understand its trends and fluctuations.
The Net Income of Bajaj Housing Finance Limited has shown a significant increase over the years, with a notable jump from 613.18 Crore in MAR 2021 to 2161.32 Crore in MAR 2024.
Looking at the numbers, we can see that the Net Income has been steadily increasing, with a compound annual growth rate (CAGR) of 24.5% from MAR 2021 to MAR 2024.
Here's a breakdown of the Net Income for each quarter:
This increase in Net Income is a positive sign for investors, indicating that the company is generating more profits from its operations.
P/E Ratio of Ltd
The P/E Ratio of Bajaj Housing Finance Ltd is a crucial metric in fundamental analysis. As of January 3, 2025, at 2:45 PM, the P/E ratio for Bajaj Housing Finance Ltd share is 56.96. This indicates a relatively high valuation of the company's stock.
To put this in perspective, a high P/E ratio can be a sign of investor optimism and growth expectations. However, it's essential to consider other factors like the company's financial health and industry trends.
A high P/E ratio doesn't necessarily mean the stock is overvalued, but it's essential to compare it with the industry average and the company's historical P/E ratio.
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Market Cap of Ltd
The market cap of Bajaj Housing Finance Ltd for NSE is ₹ 10,54,76.00 Cr. as of now.
This is a significant figure that can give us an idea of the company's size and value.
For BSE, the market cap of Bajaj Housing Finance Ltd is ₹ 0.0 Cr. as of now.
This difference in market cap between NSE and BSE is worth noting.
The market cap of Bajaj Housing Finance Ltd for NSE is ₹ 10,54,76.00 as on Jan 03 2025 02:45 PM.
This figure is subject to change over time and can be influenced by various market and economic factors.
For BSE, the market cap of Bajaj Housing Finance Ltd is ₹ 0.0 as on Jan 03 2025 02:45 PM.
This highlights the importance of keeping an eye on market trends and updates.
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What Is the 52 Week High/Low of?
When analyzing a company's stock performance, it's essential to consider its 52 Week High and Low. The 52 Week High and Low of Bajaj Housing Finance Ltd for NSE is ₹ 188.50 and ₹ 124.89.
These figures indicate the highest and lowest price points the stock has reached over the past year. The 52 Week High and Low of Bajaj Housing Finance Ltd for BSE is ₹ 188.45 and ₹ 124.95.
Understanding these ranges can help investors gauge the stock's volatility and potential for growth. By comparing the 52 Week High and Low of different stocks, investors can identify trends and patterns in the market.
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Disclosures
The purpose of fundamental analysis is to evaluate a company's financial health and potential for future growth by examining its financial statements and other publicly available data.
A thorough understanding of a company's financial statements, such as its income statement and balance sheet, is crucial for making informed investment decisions.
The income statement provides information on a company's revenues, expenses, and net income over a specific period, which can help investors assess its profitability.
Financial ratios, such as the price-to-earnings ratio, can be calculated using data from the income statement to evaluate a company's valuation and growth prospects.
The balance sheet provides a snapshot of a company's financial position at a specific point in time, including its assets, liabilities, and equity.
A company's debt-to-equity ratio can be calculated using data from the balance sheet to assess its financial leverage and risk profile.
Investors should also consider other publicly available data, such as a company's industry trends, competitive position, and management team, to gain a more comprehensive understanding of its potential for growth and profitability.
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Recent Ltd
Recent Ltd's stock prices have been steadily increasing over the past few days.
On January 3rd, the stock closed at 126.08, with an open price of 126.59 and a range of 126.00 to 128.20. The volume of shares traded on this day was 10.183 million.
The stock's price on January 2nd was 126.38, with an open price of 127.50 and a range of 125.94 to 127.88. The volume of shares traded on this day was 9.894 million.
The stock's price on January 1st was 127.08, with an open price of 127.50 and a range of 126.97 to 129.08. The volume of shares traded on this day was 5.239 million.
Here's a summary of the stock's price movement over the past few days:
The stock's price on December 31st was 127.42, with an open price of 128.00 and a range of 126.52 to 128.15. The volume of shares traded on this day was 5.23 million.
Frequently Asked Questions
What is the target of Bajaj Finance in 2025?
Bajaj Finance's estimated share price target for 2025 is between Rs 7010 and Rs 7450 per share, with potential for growth throughout the year. The target range is expected to be between Rs 7010 and Rs 7450 per share.
Sources
- https://munafasutra.com/nse/tomorrow/BAJAJHFL
- https://www.bajajbroking.in/stock/bajaj-housing-finance-limited-share-price
- https://munafasutra.com/nse/priceTarget/BAJAJHFL/yearly
- https://www.venturasecurities.com/news/stocks/bajaj-housing-surged-10-after-receiving-a-buy-rating-and-a-target-price-upgrade/
- https://www.news9live.com/business/markets/bajaj-housing-finance-share-price-target-buy-sell-or-hold-what-stock-market-expert-said-2750931
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