Morgan Stanley maintains its Overweight rating on Bajaj Finance, with a target price of ₹9,000, following key takeaways from the company’s analyst meet. Bajaj Finance unveiled its Long Range Strategy (LRS) 2025-29 and its BAF 3.0 construct, which incorporates Artificial Intelligence (AI) into its processes.
The strategy focuses on leveraging AI to enhance customer engagement, productivity, and revenue while reducing costs. Bajaj Finance also identified new megatrends, including Green Finance, Multi-Cloud, and Zero Trust frameworks. Despite these updates, key financial goals, such as ROE and market share targets, remain unchanged.
Morgan Stanley views the strategy as a long-term positive, as it positions the company to capitalize on emerging trends and drive sustainable growth while maintaining its leadership in the financial sector.
