News > As Bajaj Finance continues sinking, Jefferies finds it perfectly priced

As Bajaj Finance continues sinking, Jefferies finds it perfectly priced

Initiating coverage on non-banking financial company Bajaj Finance, Jefferies India termed it as “best of both worlds” but said it was perfectly priced. It rated the stock ‘hold’.

Shares of Bajaj Finance have lost nearly 11 per cent of its value in the last four sessions. From its 52-week high level, it is down nearly 23 per cent, signaling that it is in a bear grip.