BAJAJ FINANCE (BAJFINANCE)
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Bharti Airtel gets its highest share price target from CLSA after Q2 results; check upside potential - CNBC TV18
will be in focus on Friday, November 6, as investors assess brokerage reactions to the company's September quarter (Q2FY27) results, announced after market hours on Thursday. Brokerages largely maintained a positive view on the telecom operator, highlighting steady growth in its India mobile business, improving average revenue per user (ARPU), strong enterprise performance and robust cash generation. Citi has a 'Buy' rating on Bharti Airtel, with a price target of ₹2,230.
Bajaj Finserv Q2 net profit climbs 22.9% to ₹2,757 crore
Revenue from operations rose about 17% year-on-year to ₹43,416 crore, while net interest income grew 23.6% to ₹13,335 crore and assets under management expanded 26% to ₹5.84 lakh crore. The profit growth came alongside the company's AUM expansion and higher net interest income. Shares gained around 2% after the announcement, trading near ₹1,719 apiece on the NSE.
Bajaj Finance Q2 net profit jumps 29% to ₹6,367 crore on strong loan growth
Bajaj Finance reported a 29% year-on-year rise in Q2 consolidated net profit to ₹6,367 crore, with net interest income up 24%. The results, consistent across four reports, reflect strong loan growth and healthy core earnings momentum.
Bajaj Finance Q2 profit seen jumping 29% on strong loan growth
The non-banking financial company is likely to report a net profit of around Rs 6,383 crore for the July-September quarter, compared with Rs 4,948 crore in the corresponding period last year, based on the brokerage consensus. Net interest income (NII), the difference between interest earned and interest paid, is expected to grow 24% YoY to Rs 13,373 crore from Rs 10,785 crore a year earlier. Bajaj Finance is scheduled to announce its second-quarter results on Monday, October 19.
Bharti Airtel hikes postpaid tariffs by ₹50, shares rise 2.4%
Bharti Airtel has raised postpaid tariffs by ₹50 across all plans, sending its shares up over 2% even as broader markets weakened. Analysts at Motilal Oswal retained a buy rating on the stock, citing the tariff hike as a positive for ARPU. Attention now shifts to whether Reliance Jio and Vodafone Idea will match the increase, with historical trends suggesting they may follow.
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Bharti Airtel gets its highest share price target from CLSA after Q2 results; check upside potential - CNBC TV18
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Stocks to watch: Airtel, Titan, Blue Dart, Gland Pharma, ONGC, Britannia
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