Business and Finance Business and Finance
Fri, January 3, 2025
[ 06:20 PM ] - MSN
Watch CNBC's full interview with Fed Governor Adriana Kugler
[ 06:00 PM ] - BBC
China's overqualified youth taking jobs as drivers, labourers and film extras
[ 05:40 PM ] - MSN
A $24 Billion Fund Puts Its Religious Stamp on Corporate America
[ 05:00 PM ] - MSN
Boeing is taking the required steps to return confidence in business, says former FAA adminstrator
[ 04:20 PM ] - MSN
The Rise and Fall of Yahoo's Dominance
[ 04:00 PM ] - Forbes
Navigating The Tug-Of-War Between Innovation And Regulation In DeFi
[ 03:41 PM ] - MSN
Tijuana business leaders expecting double-digit inflation during 2025
[ 03:41 PM ] - MSN
Robotaxis and energy operations are more importan .. autos business for Tesla moving forward: Analyst
[ 03:41 PM ] - MSN
Market Open: January 3, 2025
[ 03:41 PM ] - MSN
The real reason everything is for sale...
[ 03:40 PM ] - Forbes
Sourcing And Financing High-Quality Receivables In 2025: An Untapped Potential In Private Credit
[ 03:40 PM ] - Reuters
Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path
[ 02:00 PM ] - MSN
Week Ahead for FX, Bonds: U.S. Jobs Data, Fed Minutes in Focus
[ 01:40 PM ] - MSN
Want growth? Just teach India better, keep everyone healthy and yes, drop those EV subsidies
[ 01:40 PM ] - MSN
Meet 'Third Son' Of Dhirubhai Ambani Who Is Also .. ted Advisor Of Mukesh Ambani; Check His Net Worth
[ 12:40 PM ] - MSN
Budget 2025: Tax Reduction Or Rationalisation? Wh .. t Will FM Nirmala Sitharaman Opt for? Expert Take
[ 12:00 PM ] - MSN
NBA Legend Shaq Says He Didn't Even Start Spendin .. cks Until He Had Kids - 'I Had So Much Coming In'
[ 11:40 AM ] - AOL
The Crystal Ball: Envisioning how AI will shape our world in 2025
[ 09:20 AM ] - MSN
From M&A to AI, How CFOs Are Mapping Out the Year Ahead
[ 08:41 AM ] - MSN
Innovation in enterprise solutions: A conversation with Vinay Kumar Gali
[ 08:41 AM ] - cnbctv18
Mahindra Finance Q3 disbursements rise 7%, business assets climb 18%
[ 08:40 AM ] - Reuters
India's Kotak Mahindra Bank's Milind Nagnur steps down as COO, CTO
[ 08:00 AM ] - MSN
A $20 Billion Fund Puts Its Religious Stamp on Corporate America
[ 08:00 AM ] - Forbes
Redefining Value And Innovation In A New Era Of Relationship Capital
[ 07:40 AM ] - voguebusiness
Cut From AnOther Cloth: Dhruva Chandramouli and Jenny Chim
[ 06:00 AM ] - AOL
These 5 Artificial Intelligence (AI) Stocks Make Up 28.8% of the Entire S&P 500 Index
[ 06:00 AM ] - AOL
Are airline credit cards worth it? Yes, but there's one big catch.
[ 05:20 AM ] - Mint
Davin Sons Retail IPO Day 2: Subscription status, .. GMP, price band and other details about SME issue
[ 04:00 AM ] - MSN
Big Banks Flee Climate Coalition Formed to Reduce Carbon Emissions
[ 04:00 AM ] - MSN
Bajaj Housing shares may dive 21%, believes Kotak Equities. Initiates coverage with Rs 100 target

Bajaj Housing shares may dive 21%, believes Kotak Equities. Initiates coverage with Rs 100 target


Published on 2025-01-03 04:00:48 - MSN
  Print publication without navigation

  • Kotak Institutional Equities has initiated a "sell" rating on Bajaj Housing Finance, citing expensive valuations and a potential 21% downside risk. The brokerage expects 25% earnings growth over FY2024-27E but projects flat margins and moderate RoE.

Kotak Institutional Equities has initiated coverage on Bajaj Housing Finance with a "reduce" rating and set a target price of Rs 100, suggesting a potential 21% decline from its current market price. The brokerage firm highlights that Bajaj Housing Finance, despite its strong parentage and robust growth, faces challenges due to its high valuations compared to other housing finance companies. Kotak points out that the company's return on assets (RoA) and return on equity (RoE) are expected to be lower than its peers, and its cost of funds is higher. Additionally, the firm notes that while Bajaj Housing Finance has a diversified product mix and a strong distribution network, its growth in assets under management (AUM) might not translate into superior profitability due to these factors. The analysis also considers the competitive landscape and regulatory environment, which could further impact the company's performance.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/bajaj-housing-shares-may-dive-21-believes-kotak-equities-initiates-coverage-with-rs-100-target/ar-AA1wToBp ]
Contributing Sources