Bajaj Auto Finance – HDFC Securities Research Report

Though the stock of Bajaj Auto Finance Limited has run up quite a bit so far, we think that the broadening the asset portfolio, strengthening of systems and benign lending scenario could see Bajaj Auto Finance Limited continuing to see a fast growth in assets, incomes and profits. Though the capital adequacy of Bajaj Auto Finance Limited is quite comfortable at the moment, going by the rate at which it is growing its disbursements, it could visit the capital markets to boost its networth over the next few quarters. This could further boost its book value and trigger a further rise in its share price.