Archive · 3 Aug 2026
Bajaj Finance Shares Reach Record High, Analysts Upbeat
Bajaj Finance is a big company in India that lends money and makes money from interest.
Its shares, which people buy and sell on the stock market, went up to the highest price they've ever reached for two days in a row.
Analysts from CLSA and HSBC think the company is doing well and expect it to keep growing.
They raised the price they think the shares could reach in the future.
The company made more money than people expected last quarter, and its loans are getting better.
Because of this, the analysts are optimistic about the company's future.
Bajaj Finance stock hits record high for second consecutive day, up 14% in a month and 25.38% in three months.
Technical analysis shows bullish pattern with higher highs/lows and potential move toward Rs 1,206–1,285 zone; support at Rs 1,001.
CLSA upgrades target to Rs 1,300, citing earnings beat, improved asset quality, and strong net interest income.
HSBC maintains Buy rating, raises target to Rs 1,270, and lifts FY27‑FY29 earnings estimates by 1‑6%.
Management highlighted confidence in growth acceleration and disciplined underwriting, reinforcing positive outlook.
- Who
- Bajaj Finance, CLSA, HSBC, Muthuselvaraj M
- What
- Stock hits record high; analysts raise targets and earnings estimates
- When
- Recent trading day (exact date not specified)
- Where
- Indian stock market (BSE/NSE)
- Why
- Strong earnings, improved asset quality, bullish technical pattern
- Stock performance
- Record high for second consecutive day
- Monthly gain
- 14%
- Quarterly earnings beat
- Profit after tax exceeded estimates by ~6%
- Target price (CLSA)
- Rs 1,300
- Target price (HSBC)
- Rs 1,270
- Support level
- Rs 1,001
- Potential resistance
- Rs 1,206–1,285