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.
Reliance Industries positioned for recovery despite debt concerns: Sandip Sabharwal
Obviously, there are other companies who are purely into EVs like Ola Electric, etc, where I would not be so bullish, I think they will
December 23, 2024