
Rich valuation pricks Bajaj Finance as it cuts guidance
Bajaj Finance Ltd stock is down 5% in reaction to its March quarter (Q4FY25) and FY25 earnings, announced after market hours on Tuesday. The long-term target for consolidated return on average assets (RoAA) was cut from 4.6-4.8% to 4.3-4.7% and return on average equity (RoAE) from 21-23% to 19-21%. A closer look at its growth…