Bajaj Finance shares rally 5% after Q1 results. What Nomura, Nuvama, other brokerages expect

Bajaj Finance shares jumped after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 crore and net interest income growing 23% to Rs 12,571 crore. Robust earnings prompted several brokerages to raise their target prices. The company’s assets under management increased by Rs 36,969 crore, while new loan bookings rose 20% to 16.13 million.

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