Brokerage firm HSBC has initiated coverage on Bajaj Housing Finance with a 'reduce' rating and set a target price of ₹110. This implies a roughly 27% downside from the current price of ₹150.9. "The market is valuing Bajaj Housing Finance for strong growth, which will likely moderate," HSBC said. Shares of Bajaj Housing Finance debuted on stock markets last month.
short by
Mansi Agarwal /
06:47 pm on
04 Oct