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brokerages raise bajaj finance target prices on strong growth outlook
Brokerages have raised their target prices for Bajaj Finance following a strong Q2 performance, with Phillip Capital setting a target of Rs 10,000 per share and projecting over 30% annual growth through FY27. HDFC Securities also maintains a positive outlook, targeting Rs 8,600 per share, while anticipating a 23% CAGR in assets under management despite some near-term asset quality concerns. The company's new tech initiatives and focus on profitability are expected to drive sustained growth.
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