We are in this blog are trying to find out Bajaj Finance Share Price Target 2030 with the help of fundamental and Technical Analysis. Bajaj Finance is involve in the business of lending to consumers like SME, Retail and Commercial consumer. This company is accepting public deposits and corporate deposits that offers verity of financial services products to its customers. Bajaj Finance journey was started in the year 1987.
This finance company is largest diversified it’s product offering NBFC in India. As of Q3 FY 24 total loan disbursed is in 2W vehicles 376.6K and 3W approx. 59.2K
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Bajaj Finance Fundamental Details:
Bajaj Finance stock PE is higher than Industry PE, however this company deserve higher Stock PE than Industry. This company is having good ROE and ROCE as compare to peers. Since company is NBFC hence debt to equity ratio are generally high hence it is justified.
Narration | Remarks |
Market Cap | Rs.470,121 Crore |
Stock PE | 31.5 |
Industry PE | 23.7 |
ROCE | 11.9% |
ROE | 22.1% |
Price to book Value | 6.15 |
Interest Coverage | 1.99 |
Debt | Rs.293,346 Crore |
Debt to Equity Ratio | 3.84 |
Current Ratio | 2.42 |
High/Low | Rs.8192/6188 |
Also Read Ashok Leyland Share Price Target
Bajaj Finance Technical Analysis:
Bajaj Finance stock price currently trading at price of Rs.7592 lower with Rs.600 from High price which is lower than 7%. By reading chart we can understand when High price of the stock shall break, this stock easily can give 15-20% return within a month.
Also Read IDFC First Bank Share Price Target
Bajaj Finance Share Price Target 2030
We are discussing in this blog with the help of above fundamental and technical analysis Bajaj Finance Share Price Target 2030.
Year | Expected Share Price Target |
2024 | Rs.8200 |
2025 | Rs.9640 |
2026 | Rs.10070 |
2027 | Rs.12020 |
2028 | Rs.13009 |
2029 | Rs.16045 |
2030 | Rs.20040 |
Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.
Bajaj Finance Share Price Target 2024
It is expected share price is Rs.8200
Bajaj Finance Share Price Target 2025
It is expected share price is Rs.9640
Bajaj Finance Share Price Target 2026
It is expected share price is Rs.10070
Bajaj Finance Share Price Target 2027
It is expected share price is Rs.12020
Bajaj Finance Share Price Target 2028
It is expected share price is Rs.13009
Bajaj Finance Share Price Target 2029
It is expected share price is Rs.16045
Bajaj Finance Share Price Target 2030
It is expected share price is Rs.20040