Two out of three loans in this sector are financed by Bajaj Finance. So, I believe Bajaj Finance is in a very favorable position, and I wouldn’t be surprised if the stock doubles in two years. The only thing we need to monitor is whether the company can guide credit costs and confirm that the worst is behind them.
Positive Breakout: These 6 stocks cross above their 200 DMAs
200 DMA: Rs 585.82| LTP: Rs 609.85