🏦 JP MORGAN ON BAJAJ FINANCE
• Rating: OVERWEIGHT
• Target Price cut to ₹1,260 from ₹1,310.
• Q2 FY27 delivered strong operating performance.
• Growth guidance upgrade was better than expected.
• JP Morgan's preferred pick in the NBFC sector.
• Management focused on protecting RoA amid NIM pressure risks from higher funding costs.
October 21, 2026 1.3K
