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Bajaj Finance - Dark Clouds On The Horizon, But Will Come Out Stronger: Motilal Oswal

Despite a healthy profit after tax CAGR of ~24% over FY24-FY26E and RoA/RoE of 4.2%/22% in FY26E, the brokerage sees limited upside catalysts for the company.

<div class="paragraphs"><p>Various denominations of Indian rupee, a five hundred, one hundred Indian banknotes arranged for photograph. (Photo_ Radhakisan Raswe /Source: NDTV Profit)</p></div>
Various denominations of Indian rupee, a five hundred, one hundred Indian banknotes arranged for photograph. (Photo_ Radhakisan Raswe /Source: NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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