In this edition of Traders' Diary, the Zee Business research team provides exclusive research and investment ideas on 20 stocks to track for January 3, 2025. Analysts Pooja Tripathi and Kushal Gupta share their top stock picks, including Avati Feeds, PB Fintech, Bajaj Finance, Lupin, Bank of Baroda, JK Cement, Amber Enterprises, and V2 Retail. With targets and stop losses for each stock, this diary is a must-read for investors and traders.
Bajaj Finance: A Rising Star in the Indian Financial Sector
Background
Bajaj Finance is a non-banking financial company (NBFC) that offers a wide range of financial services including personal loans, loans, and business lending. It was founded in 1998 by Rahul Bajaj and is headquartered in Mumbai, India. The company has a strong presence in India and has expanded its operations into several other countries, including Sri Lanka and Southeast Asia.
Google Search Trends
The recent increase in Google searches related to Bajaj Finance is likely due to the company's strong financial performance and its potential for growth in the future. The company has been consistently reporting strong earnings and has a diversified portfolio of products and services. Additionally, the government's focus on financial inclusion and the growing demand for credit in India are expected to drive the growth of the NBFC sector in the future.
Top Stock Picks for January 2025
According to the Zee Business research team, Bajaj Finance is one of the top 20 stocks to track for January 2025. The team's analysts, Pooja Tripathi and Kushal Gupta, have set a target price of Rs. 950 for the stock with a stop loss of Rs. 845.
FAQs
Bajaj Finance's key growth drivers include its diversified portfolio of products and services, its strong brand recognition in India, and the growing demand for financial services in the country.
The risks associated with investing in Bajaj Finance include the cyclicality of the financial services sector, competition from other NBFCs, and changes in government regulations.
Bajaj Finance has consistently reported strong financial performance in recent years. In the financial year 2022-23, the company reported a net profit of Rs. 34,106 crore, a growth of 26% over the previous year.
Bajaj Finance has a consistent dividend payment history. The company has been paying dividends to its shareholders for over 20 years.
Bajaj Finance is planning to expand its operations into new markets in India and abroad. The company is also looking to introduce new products and services to meet the evolving needs of its customers.
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