 "Nifty Midcap 100 Index is on the verge of entering bear market territory, having dropped 18% from its peak")
Bajaj Finance Q4 review: Despite a strong March quarter (Q4FY22) performance, shares of Bajaj Finance dropped 7.2 per cent to Rs 6,714 on the BSE on Wednesday, as analysts remained mixed on the company’s future prospects. In comparison, the benchmark S&P BSE Sensex slipped 0.94 per cent.
While asset under management (AUM), portfolio composition, and digital transformation will remain key drivers for the stock, premium valuation, and elevated costs may cap upside.
Analysts at Antique Stock Broking, for instance, said that even as Bajaj Finance undergoes digital transformation, one needs to monitor whether this shall enable it to grow at better pace.
"While
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