Bajaj Finance can hit Rs 7600; Bajaj Finserv can reach Rs 15,400 levels

Both, Bajaj Finance and Bajaj Finserv, may enter a long-term bull run if the current levels are held decisively for few more sessions

Shares of Bajaj Finance and Bajaj Finserv were roaring on Thursday amid stellar Q1 performance by the former, and likely stock split or bonus announcement by the latter.

Shares of Bajaj Finance gained 9.4 per cent to Rs 6,999 on the BSE in Thursday’s intra-day trade, surging 12.7 per cent in two days, after the company reported 159 per cent year-on-year (YoY) jump in its consolidated net profit to Rs 2,596 crore for the quarter ended June 2022 (Q1FY23). READ MORE

Thus far in the month of July, the market price of Bajaj Finance has appreciated 29.6 per