Bajaj Finserv Stock Surges Amid Positive Momentum: Target Price Raised, Strong Growth & Resilience Highlighted

Bajaj Finserv’s stock has seen positive momentum, rising 2.40% to ₹1796.30, with analysts setting a target price of ₹2,000, indicating an 11.9% potential upside. Despite a slight dip in recent months, the stock has outperformed its sector with strong growth. Senior fund manager Siddharth Chaudhary’s leadership at Bajaj Finserv AMC has bolstered investor trust, with assets under management reaching ₹18,090 crore.

CONTENTS:

• Bajaj Finserv Stock Sees Positive Momentum with 1.23% Increase; JM Financial Sets Target Price of ₹2,050
• Bajaj Finserv Shares Surge 2.40% to ₹1796.30; Analysts Set Price Target of ₹2,000
• Bajaj Finserv Rebounds 3.05% After Two-Day Decline, Outperforms Sector with 11.61% Monthly Growth
• KR Choksey Reaffirms ‘BUY’ Rating on Bajaj Finserv, Raises Target Price to ₹2,075, Forecasting 19.5% Upside
• Siddharth Chaudhary: Building a Legacy in Fixed Income Investment at Bajaj Finserv AMC

Bajaj Finserv Stock Surges Amid Positive Momentum: Target Price Raised, Strong Growth & Resilience Highlighted

Bajaj Finserv Stock Sees Positive Momentum with 1.23% Increase; JM Financial Sets Target Price of ₹2,050

Bajaj Finserv Stock Surges Amid Positive Momentum Bajaj Finserv’s stock is currently experiencing positive momentum, with a trading price of ₹1,775.55, reflecting a 1.23% increase. The stock’s market capitalization stands at ₹2,86,576 crore, and it has a price-to-earnings (P/E) ratio of 33.44. The company’s earnings per share (EPS) is ₹53.7, while its beta value indicates moderate volatility. Recent recommendations from JM Financial suggest a 13.66% upside potential, with a target price of ₹2,050. In the short term, Bajaj Finserv has shown gains of around 2-3% today, and its three-year return is 9.27%. However, over the past three months, the return has been slightly negative at -0.04%.

Bajaj Finserv Shares Surge 2.40% to ₹1796.30; Analysts Set Price Target of ₹2,000

Bajaj Finserv Stock Surges Amid Positive Momentum Bajaj Finserv’s share price has seen a positive surge today, February 3, 2025, increasing by 2.40%, reaching ₹1796.30 per share. The stock opened at ₹1753.80 and closed at ₹1754.15 yesterday, experiencing a high of ₹1777.55 and a low of ₹1620 in the past session. The company’s market capitalization stands at ₹276,876.70 crore, and the stock has recently reached a 52-week high of ₹2029, with the lowest point being ₹1419.

Analysts remain bullish on the stock with a median price target of ₹2000, indicating a potential rise of 11.9% from its current price. The stock has surpassed key resistance levels, suggesting strong bullish momentum. However, traders should monitor for potential reversals at higher resistance points around ₹1816.33. The overall trend is positive, with increased trading volume and technical indicators showing a bullish outlook for the short and long term.

Bajaj Finserv Rebounds 3.05% After Two-Day Decline, Outperforms Sector with 11.61% Monthly Growth

Bajaj Finserv Stock Surges Amid Positive Momentum Bajaj Finserv has shown impressive resilience, rebounding by 3.05% on January 28, 2025, after two consecutive days of decline. The stock hit an intraday high of ₹1762.80, reflecting a 3.15% increase for the day. This performance marks a reversal of the downward trend and highlights the company’s strength in the finance sector.

Bajaj Finserv has outperformed its sector by 2.01% and demonstrated strong growth over the past month, rising 11.61%, while the broader Sensex index fell by 3.17%. The stock is currently trading above key moving averages, such as the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signaling a continued upward momentum. This performance underscores Bajaj Finserv’s robust position in the large-cap finance sector, showing its ability to weather recent market fluctuations effectively.

KR Choksey Reaffirms ‘BUY’ Rating on Bajaj Finserv, Raises Target Price to ₹2,075, Forecasting 19.5% Upside

Bajaj Finserv Stock Surges Amid Positive Momentum KR Choksey has maintained a “BUY” rating on Bajaj Finserv, raising the target price to ₹2,075 per share (up from ₹1,995) in their research report dated February 1, 2025. This target implies a potential upside of 19.5%. The company reported consolidated revenues of ₹320,418 million for Q3FY25, a 10.3% year-on-year increase but a 4.9% decline from the previous quarter, falling short of estimates due to slower growth in insurance income. Despite this, the company posted a consolidated profit of ₹22,310 million, reflecting a 3.4% YoY growth.

The cost-to-income ratio improved to 69.6% from 71.6% in Q2FY25. However, earnings were impacted by an unrealized Mark-to-Market (MTM) loss of ₹2,750 million on equity investments, compared to an MTM gain in the same quarter last year. Despite these challenges, the firm remains optimistic about future growth and business expansion, though breakeven may take time.

Siddharth Chaudhary: Building a Legacy in Fixed Income Investment at Bajaj Finserv AMC

Bajaj Finserv Stock Surges Amid Positive Momentum Siddharth Chaudhary, Senior Fund Manager for Fixed Income at Bajaj Finserv Asset Management Company (AMC), shares his journey from a conservative family background in Ghaziabad to becoming a prominent figure in the finance industry. Raised with a limited view of investments, primarily in fixed deposits and occasional real estate, his early exposure to a variety of books on advertising, politics, and finance influenced his decision to pursue finance. After earning a commerce degree from Delhi University, he moved to Mumbai for a post-graduation program at the UTI Institute of Capital Markets, now part of the National Institute of Securities Market.

Siddharth began his career in 2006 with Indian Bank’s treasury, which helped him develop skills in managing risk for large institutional fixed income portfolios. His subsequent role at Sundaram AMC as a fund manager, later heading their fixed income institutional business, deepened his expertise. In 2022, when Bajaj Finserv AMC was established, he saw an opportunity to build the Fixed Income desk from scratch.

Currently, he manages various fixed income schemes and mandates, including Overnight Fund, Liquid Fund, Money Market Fund, Banking PSU Funds, Gilt Fund, and Hybrid Funds, such as Balanced Advantage and Multi Asset Allocation Fund. Under his leadership, Bajaj Finserv AMC has earned investors’ trust and accumulated an Assets Under Management (AUM) of ₹18,090 crore as of December 2024.

Siddharth’s investment philosophy revolves around the principles of safety, liquidity, and returns, which he embodies through INQUBE—his approach focusing on Information Edge, Quantitative Edge, and Behavioural Edge. His investment strategy aims to predict interest rate movements, analyze the yield curve, and minimize errors through integrated models, including interest rate and trading strategies.

He emphasizes the importance of risk management in fixed income investing, likening markets to laboratories where hypotheses are tested, often with delayed results. His approach is rooted in consistency and positioning strategies to avoid extreme negative outcomes, offering a smoother investment journey for his clients.