BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
Emkay Recommends 'Buy' On Bajaj Finance
According to Emkay, Bajaj Finance has offered a conditional moratorium to its existing borrowers instead of a blanket offering, clearly avoiding regular defaulters from availing benefit from the RBI's relaxation on loan EMIs. The company has a well-balanced liability franchise, with excessive cash of Rs 15,000 crore on its balance sheet on a consolidated basis, which makes it the least volatile among peers, the brokerage adds.