Shares of Bajaj Housing Finance will be in focus on Friday, November 7, after the company reported its September quarter results post-market hours on Thursday. Net profit rose 18% year-on-year to ₹643 crore, while revenue grew 17% to ₹2,614 crore.
Asset quality remained stable during the quarter. Gross non-performing assets (NPA) stood at 0.26%, compared with 0.29% in the June quarter, while net NPA was unchanged at 0.12%.
Brokerage firm Motilal Oswal maintained a 'Neutral' rating on the stock, with a target price of ₹120, implying a potential upside of 10% from current levels.
Motilal said Bajaj Housing delivered a strong performance in Q2, with robust assets under management (AUM) and disbursement growth across products, despite heightened competition.
The company maintained its marg

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