Bajaj Finance drops after Bernstein downgrades stock

Bajaj Finance drops after Bernstein downgrades stock

by admin- Monday, March 30th, 2020 03:18:09 PM

Bajaj Finance fell nearly 10% touching to Rs. 2,291.85, after brokerage firm Bernstein downgraded the non-financial institution lender.

The brokerage downgraded the NBFC from ‘outperform’ to ‘underperform’, and cut its goal rate by way of 64% to Rs. 1,740 in line with share mentioning demanding situations to its unsecured client finance model in the course of the coronavirus disaster.

News Updates