Saturday, June 8, 2013

Bajaj Finance Ltd- A likely candidate for Banking License

Bajaj finance Ltd.: Expected EPS for 2014 is Rs. Rs.145-150/- and expected market price is Rs. 1800/- to Rs. 2100/-. Current MP as on 7.6.2013 is Rs. 1500/-. A return of approx. 25% to 40% is expected in next one year time. A value buy from the house of Bajaj, a solid and highly profitable company.

Update as on 2.7.2013

As per recent reports, it is likely to be converted into a bank if its application is accepted.

----------------------------------------------------------------------------- 

No comments: